There is a newer version of the Michigan Compiled Laws
2016 Michigan Compiled Laws
Chapter 286 - Agricultural Industry
Act 193 of 2012 AGRICULTURAL DISASTER LOAN ORIGINATION PROGRAM ACT OF 2012 (286.421 - 286.425)
***** Act 193 of 2012 THIS ACT IS REPEALED BY ACT 193 OF 2012 EFFECTIVE FEBRUARY 15, 2018 *****
AN ACT to establish an agricultural loan origination program; to authorize certain loan guarantees; to prescribe the powers and duties of certain state agencies and officials; to provide for an appropriation; and to repeal acts and parts of acts.
History: 2012, Act 193, Imd. Eff. June 26, 2012
- Section 286.421 Short title.
- Section 286.422 Definitions.
- Section 286.423 Qualified agricultural loan origination program; establishment; amount; limitation.
- Section 286.424 Actions by state treasurer, attorney general, and qualified financial institution; program as valid public purpose.
- Section 286.425 Expenditure of amount sufficient to pay loan origination fees; limitation; work project appropriation; carrying forward unencumbered or unallotted funds.
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