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2019 Michigan Compiled Laws
Chapter 12 - State Treasurer
Act 496 of 1988 Unified Volume Limitation Allocation Act (12.111 - 12.124)
AN ACT to provide for the allotment and allocation of the state's unified volume limitation; and to repeal certain acts and parts of acts.
History: 1988, Act 496, Eff. Mar. 30, 1989
- Section 12.111 Short Title.
- Section 12.112 Definitions.
- Section 12.113 Unified Volume Limitation and Allotment Thereof; Determination; Publication.
- Section 12.114 Allotments to State and Municipal Issuers for Allocation; Reallotment; Division of Allotment Into Installments; Increase in Monthly Installments; Reserving Portion of Monthly Allotment; Pro Rata Reductions in Monthly Installments.
- Section 12.115 Request for Allocation; Attachment; Notice of Sale; Certification of Preliminary Proceedings.
- Section 12.116 Requests for Allocations; Order of Consideration; Approval or Denial; Reason for Denial; Steps to Maintain Orderly Application and Allocation Process; Instances in Which Request May Be Denied; When Request Considered Filed or Received; Issuer Seeking Allocation Not in Excess of Unallocated Unified Volume Limitation.
- Section 12.117 Allocation Order; Requirements; Reversion; Allocation Not Transferable Between Issuers; Use of Allocation; Validity of Order; Request for Extension.
- Section 12.118 Invalidation of Request or Allocation; Notice of Changed Information; New Request for Allocation; Issuance of Bonds Before Receiving Allocation or Approval for Amendment to Allocation; Cancellation of Prior Allocation by Approval of New Request.
- Section 12.119 Notice of Delivery of Issue of Bonds; Filing; Contents; Failure to File; Revocation and Invalidation of Allocation; Waiver of Revocation.
- Section 12.120 Order for Carryforward Allocation; Request for Carryforward Allocation; Form; Amount; Priorities; Election.
- Section 12.121 Records.
- Section 12.122 State or Municipal Issuer Not Authorized to Issue Bonds.
- Section 12.123 Allocations to Which Act Applicable; Ratification of Allocation; Revocation of Allocation; Formula for Allocating State Ceiling.
- Section 12.124 Repeal of Mcl 125.1432c.
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