Michigan Statutes
§ 445.1502 — Definitions.
Michigan § 445.1502
JurisdictionMichigan
Ch. 445TRADE AND COMMERCE
Act 269 of 1974FRANCHISE INVESTMENT LAW (445.1501-445.1546)
This text of Michigan § 445.1502 (Definitions.) is published on Counsel Stack Legal Research, covering Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Mich. Comp. Laws § 445.1502 (2026).
Text
FRANCHISE INVESTMENT LAW (EXCERPT) Act 269 of 1974 445.1502 Definitions. Sec. 2.
(1)"Advertisement" means a written or printed communication or a communication by means of recorded telephone message or spoken on radio, television, or similar communications media, published in connection with an offer or sale of a franchise.
(2)"Department" means the department of attorney general.
(3)"Franchise" means a contract or agreement, either express or implied, whether oral or written, between 2 or more persons to which all of the following apply:
(a)A franchisee is granted the right to engage in the business of offering, selling, or distributing goods or services under a marketing plan or system prescribed in substantial part by a franchisor.
(b)A franchisee is granted the right to engage in
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Legislative History
1974, Act 269, Eff. Oct. 15, 1974 ;-- Am. 1984, Act 92, Eff. June 20, 1984
Nearby Sections
15
§ 445.1011
Short title.§ 445.1012
Definitions.§ 445.1031
Short title.§ 445.1032
Definitions.§ 445.1034
Exceptions.§ 445.1035
Investigation; violation; penalty.Cite This Page — Counsel Stack
Bluebook (online)
Michigan § 445.1502, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/445/445.1502.