There is a newer version of the Michigan Compiled Laws
2010 Michigan Compiled Laws
Chapter 390 - UNIVERSITIES AND COLLEGES
Act 289 of 1976 - FINANCING OF STUDENT LOAN PROGRAMS (390.1351 - 390.1356)
FINANCING OF STUDENT LOAN PROGRAMSAct 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.
History: 1976, Act 289, Imd. Eff. Oct. 25, 1976
- Section 390.1351 - Definitions.
- Section 390.1352 - MCL 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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