{"data":{"id":"us-mi/mich.-comp.-laws-447.153","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 447.153","heading":"Michigan export development authority; creation; budgeting, procurement, and related functions; purpose of authority.","body":"Sec. 3.\n\nThe Michigan export development authority is created as a body politic and corporate within, but not as a part of, the department of agriculture. The authority shall exercise the authority's prescribed statutory powers, duties, and functions independently of the director of the department of agriculture and independently of the commission of agriculture. The budgeting, procurement, and related functions of the authority shall be performed under the direction and supervision of the director of the department of agriculture.\n\nThe purpose of the authority is:\n\nTo assist, promote, encourage, develop, and advance economic prosperity and employment throughout this state by fostering the expansion of exports of goods and services to foreign purchasers.\n\nTo cooperate and act in conjunction with other organizations, public and private, the objects of which are the promotion and advancement of export trade activities in this state.\n\nTo provide guarantees and grants and to locate sources and export insurance to support export development not otherwise available.\n\nTo provide information and referrals to, and to act as a clearinghouse for, potential and existing exporters.","path":["MI Code","Chapter 447","Act Act-157-of-1986"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-447-153","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"47af3ba03fe9642d74f7b5497c16ee1a79a2c3831114c9bc3ffa3ced4d9072f2","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-447.152","next":"us-mi/mich.-comp.-laws-447.154"},"notice":"GroundRules: Original legal text. Not legal advice."}