Mich. Comp. Laws § 390.1551
Short title.
This act shall be known and may be cited as the "confidential research and investment information act".
Michigan Compiled Laws — CONFIDENTIAL RESEARCH AND INVESTMENT INFORMATION ACT (Act 55 of 1994)
Michigan · statute · 55 of 1994, Mich. Comp. Laws · 8 active provisions
Mich. Comp. Laws § 390.1552
Definitions.
As used in this act: (a) "Commercial information" means information regarding the purchase and sale of goods and services, including, but not limited to, information regarding marketing strategy, production data, assessments of goods and services, mineral exploration records, and compilations of data regarding commerci…
Mich. Comp. Laws § 390.1553
Information provided to public university or college by private external source; exemption from disclosure; conditions; affirmative duty to notify agencies; applicability of subsection (1) to information regarding sold or marketed product or process.
(1) Except as otherwise provided in this section, trade secrets, commercial information, or financial information, including that information as it relates to computer hardware and software, that is provided to a public university or college by a private external source and that is in the possession of the public unive…
Mich. Comp. Laws § 390.1554
Information in which interest held, or owned, prepared, used, retained by, or in possession of public university or college; exemption from disclosure; applicability of subsection (1) to information regarding sold or marketed product or process; applicability of MCL 390.1553(3).
(1) Except as otherwise provided in this section, the following information in which a public university or college holds an interest, or that is owned, prepared, used, or retained by, or in the possession of, a public university or college, is exempt from disclosure as a public record under the freedom of information…
Mich. Comp. Laws § 390.1554a
Records received, prepared, used, or retained by investment fiduciary; confidentiality.
(1) Subject to subsection (2), a record received, prepared, used, or retained by an investment fiduciary in connection with an investment or potential investment of a public university or college that relates to investment information pertaining to a portfolio company in which the investment fiduciary has invested or h…
Mich. Comp. Laws § 390.1555
Ability to engage in independent projects not limited.
This act does not limit the ability of a person employed by or under contract to a public university or college to engage in lawful projects independent of a public university or college, or prohibit such a person from disclosing information regarding those independent projects or from receiving pecuniary income from t…
Mich. Comp. Laws § 390.1556
Construction of certain provisions of act.
The provisions of this act exempting information from disclosure shall be strictly construed.
Mich. Comp. Laws § 390.1557
Response to request for information; procedures.
A person receiving a request under the freedom of information act, Act No. 442 of the Public Acts of 1976, being sections 15.231 to 15.246 of the Michigan Compiled Laws, for information exempt from disclosure under this act shall comply with the procedures and requirements of Act No. 442 of the Public Acts of 1976 in r…