There is a newer version of the Michigan Compiled Laws
2006 Michigan Compiled Laws - Act 387 of 1978
| AN ACT to make appropriations to the department of state; to prescribe the powers and duties of the department of state and the state treasurer; to provide for loans to persons who own certain vehicles for the cost of their alteration or replacement; and to provide an interest rate for repayment of those loans.
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| Document | Description |
| Section 257.931 | Loans to motor carriers; prerequisites; purpose; loans as investments for state recreational land acquisition trust fund; investigation; determination; applicability of section; condition of loan. |
| Section 257.932 | Loans to motor carriers; application; form; evidence of ownership; cost of modification or replacement; repayment plan; review and certification of application; time limitation. |
| Section 257.933 | Loans to motor carriers; amount; interest rate; time limitation; collection of repayments; restrictions; amount of money invested; appropriations. |
| Section 257.934 | Creation of security interest in name of state on vehicle; sign disclosing state's lien. |
| Section 257.935 | Disposition of revenues. |
| Section 257.936 | Conditional effective date. |
| Section 257.937 | Rules. |
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