| § 141.1051 |
Legislative findings and declarations |
| § 141.1052 |
Short title |
| § 141.1053 |
Definitions |
| § 141.1054 |
Michigan municipal bond authority; created; powers; funds |
| § 141.1055 |
Board of trustees; appointment, qualifications, and terms of members; duties; oath; vacancy; organization; rules of procedure; conducting business at public meetings; notice; quorum; action of board; designation of representative |
| § 141.1056 |
Chairperson; employment, qualifications, duties, and compensation of personnel; delegation of powers and duties; exercise of powers, duties, and functions; budgeting, procurement, and related functions; costs; report; annual audit |
| § 141.1057 |
Powers of board generally |
| § 141.1058 |
Purchase of municipal obligations by authority; bonds or notes of authority; expenses; preferential treatment in rate of interest; forgiving or relinquishing interest or principal of obligation; purchase of qualified bonds of school district; additional p |
| § 141.1059 |
Bonds or notes of authority; purposes; payment; security; authorization; requirements; validity of signature; sale; revised municipal finance act inapplicable; issuance of bonds subject to agency financing reporting act; interest rate exchange agreement |
| § 141.1060 |
Retirement, funding, or refunding of notes |
| § 141.1061 |
Bonds or notes to refund bonds or notes |
| § 141.1062 |
Security transactions; authorization and approval |
| § 141.1063 |
Authority of member or executive director as to notes, bonds, and investments |
| § 141.1064 |
Powers constituting covenants by authority and contracts with holders of bond or note |
| § 141.1065 |
Pledge of revenues or other money; lien of pledge; payment assigned or pledged to authority to be held in trust for payment of principal and interest; payment subject to lien; nature of lien; filing or recordation not required |
| § 141.1065a |
Repealed. 1990, Act 281, Imd. Eff. Dec. 13, 1990 |
| § 141.1066 |
Reserve funds |
| § 141.1066a |
State water pollution control revolving fund; establishment; compliance; funding; assistance to governmental unit; loan agreement; determination of eligible projects; maximum amount of municipal obligation; maximum interest rate |
| § 141.1066b |
State drinking water revolving fund |
| § 141.1066c |
School loan revolving fund |
| § 141.1066d |
Grant agreements entered under MCL 324.5204a |
| § 141.1067 |
Default or noncompliance by authority |
| § 141.1068 |
Liability on bonds or notes |
| § 141.1069 |
Purchasing, holding, canceling, or reselling bonds or notes of authority |
| § 141.1070 |
State pledge to and agreement with holders of bonds or notes |
| § 141.1071 |
Investment of sinking fund, money, or other fund by banking business, insurance business, or fiduciary in bonds or notes; bonds or notes as security for public deposits |
| § 141.1072 |
Property and income of authority; public property; public purpose; exemptions from taxes and special assessments |
| § 141.1073 |
Municipal obligations generally |
| § 141.1074 |
Agreement by governmental unit upon sale or issuance of municipal obligations; additional powers of authority |
| § 141.1075 |
Construction of act |
| § 141.1076 |
Severability |
| § 141.1077 |
Repealed. 2000, Act 416, Imd. Eff. Jan. 8, 2001 |
| § 141.1078 |
Repealed. 1996, Act 241, Imd. Eff. June 10, 1996 |
