Michigan Laws 141.939 – Annual report; evaluation of loan program; recommendations
Current as of: 2023 | Check for updates
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Terms Used In Michigan Laws 141.939
- Board: means the local emergency financial assistance loan board created under section 2. See Michigan Laws 141.931
- Continuance: Putting off of a hearing ot trial until a later time.
The board shall report annually to the governor and the legislature on which municipalities have applied for loans under the program, which municipalities have received loans, the amount of each loan, and the conditions under which each loan was made. Five years after the effective date of this act, the board shall submit to the governor and the legislature an evaluation of the loan program with recommendations for its continuance or discontinuance.