™Your Policy Risk Impact Agent
22 chapters · 116 sections in this title.
Mich. Comp. Laws § 129.291 Short title.
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Sec. 1. This act shall be known and may be cited as the "divestment from terror act".
Mich. Comp. Laws § 129.292 Definitions.
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Sec. 2. As used in this act: (a) "Active business operations" means all business operations that are not inactive business operations. Active business operations do not include the activities of any business, legal, or governmental entity or institution that provides humanitarian…
Mich. Comp. Laws § 129.293 Scrutinized companies; identification by fiduciary.
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Sec. 3. Within 90 days after the effective date of this act, the fiduciary shall make its best efforts to identify all scrutinized companies in which the fiduciary has direct or indirect holdings or has a current option to have such holdings in the future. The efforts may include…
Mich. Comp. Laws § 129.294 Scrutinized companies; assembly into list; modification; procedure to be adhered to by fiduciary.
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Sec. 4. (1) At the end of the 90-day period or by the first meeting of the fiduciary following the 90-day period described in section 3, the fiduciary shall assemble all scrutinized companies identified into a scrutinized companies list. (2) The fiduciary shall update the scrutin…