Current through Public Act 156 of the 2024 Legislative Session
Section 445.991 - DefinitionsAs used in this act:
(a) "Lease contract" means a contract for the lease of a motor vehicle by a natural person for a term exceeding 30 days.(b) "Lessee" means a natural person who leases a motor vehicle under a lease contract.(c) "Lessor" means a natural person, partnership, corporation, association, or other legal entity that is engaged in the business of leasing, offering to lease, or arranging the lease of a motor vehicle under a lease contract.(d) "Motor vehicle" means a vehicle, including passenger vans and minivans, that is self-propelled, that is capable of being operated on a highway or street in this state, and that is primarily intended for the transport of persons.1990, Act 169, Eff. 1/1/1991 .