There is a newer version of the Michigan Compiled Laws
2012 Michigan Compiled Laws
Chapter 388 — SCHOOLS AND SCHOOL AID
Act 112 of 1961 — STATE LOANS TO SCHOOL DISTRICTS (388.981 - 388.985)***** 388.981.amended THIS AMENDED SECTION IS EFFECTIVE MARCH 28, 2013 ***** ***** 388.981 THIS SECTION IS AMENDED EFFECTIVE MARCH 28, 2013: See 388.981.amended *****
- Section 388.981 — State loans to school districts; bonds, notes, or commercial paper.
- Section 388.981.amended — State loans to school districts; bonds, notes, or commercial paper.
- Section 388.981a — Issuance of bonds by state administrative board.
- Section 388.981b — Security for payment or purchase of bonds, notes, or commercial paper; authorization and approval by state administrative board; authority of state treasurer or deputy treasurer.
- Section 388.981c — Bonds and notes; revised municipal finance act inapplicable; agency financing reporting act applicable.
- Section 388.982 — School loan revolving fund; disposition of proceeds payment.
- Section 388.982.amended — Sale of refunding bonds, notes, or commercial paper; disposition of proceeds; payment.
- Section 388.983 — Appropriation for payment of principal and interest on bonds or notes.
- Section 388.984 — Money repaid by school districts on loans from school loan revolving fund; deposit; exception.
- Section 388.984.amended — Money repaid by school districts on loans from school loan revolving fund; deposit; assignment of loans or repayments on loans.
- Section 388.985 — State loans to school districts; notes.
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