There is a newer version of the Michigan Compiled Laws
2006 Michigan Compiled Laws - Act 107 of 1969
| AN ACT to authorize the department of state highways and transportation, through the aeronautics commission, to make loans to counties, cities, townships, and incorporated villages, or any combination thereof, and to establish a revolving fund for the purpose of airport development; and to authorize the commission to prescribe rules for granting loans and repayment of loans.
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| Document | Description |
| Section 259.251 | Continuing airport loan program; creation; administration; purpose. |
| Section 259.252 | Revolving loan account; appropriation, administration. |
| Section 259.253 | Loans; rules; limitation; repayment period; interest rate; collection and disposition of repayments and interest. |
| Section 259.254 | Aeronautics commission; report to legislature, time, contents. |
| Section 259.255 | Supplemental construction of act. |
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