There is a newer version of the Michigan Compiled Laws
2006 Michigan Compiled Laws - Act 289 of 1976
| AN ACT to implement, clarify, and confirm the constitutional powers of the bodies corporate controlling those institutions of higher education named in sections 4, 5, and 6 of article 8 of the state constitution of 1963, or established by law as therein provided, regarding the establishment and financing of student loan programs.
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| Document | Description |
| Section 390.1351 | Definitions. |
| Section 390.1352 | §§ 141.2101 to 141.2821, 141.151 to 141.153, and 141.101 to 141.140 inapplicable to borrowing under act; purpose of act; provisions cumulative as to powers of board; bonds and notes subject to agency financing reporting act. |
| Section 390.1353 | Methods of making student loan. |
| Section 390.1354 | Financing of student loan program; bonds or notes generally; capital cost. |
| Section 390.1355 | Notes or bonds as negotiable instruments. |
| Section 390.1356 | Bonds, notes, or contracts neither evidence of state indebtedness nor grant of state credit; payment of bonds, notes, or contracts. |
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