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MICHIGAN STRATEGIC FUND ACT (EXCERPT) Act 270 of 1984 CHAPTER 8A
Section 125.2088 Section Legislative findings; intent; scope of activities.
Section 125.2088a Section Definitions.
Section 125.2088b Section Programs created and operated by fund board; expenditures or investments; use of appropriated or transferred money; fees; restriction; selection of vendors.
Section 125.2088c Section Duties of fund board; definitions.
Section 125.2088d Section Loan enhancement program; loan guarantee program; small business capital access program; Michigan film and digital media investment loan program; choose Michigan film and digital media loan fund; choose Michigan fund program; Michigan micro loan program; definitions.
Section 125.2088e Section Private equity investment program.
Section 125.2088f Section Venture capital investment program.
Section 125.2088g Section Mezzanine investment program.
Section 125.2088h Section Investment fund; creation; duties of fund board.
Section 125.2088i Section Office of chief compliance officer.
Section 125.2088j Section Disbursements.
Section 125.2088k Section Strategic economic investment and commercialization board; creation; powers, duties, and authority; award of grants and loans; duties of fund; standards for expenditures of money; prohibited expenditures; reasons for selection of grant recipient; resolution establishing or changing program; notice.
Section 125.2088l Section Commercialization board; membership; appointment; terms; vacancy; chairperson, vice-chairperson, and secretary; oath of office; compensation; reimbursement for expenses; organization; quorum; business conducted at public meetings.
Section 125.2088m Section Member, employee, or agent of commercialization board; conduct.
Section 125.2088n Section Audits; reports.
Section 125.2088o Section Technology transfer acceleration program.
Section 125.2088p Section Michigan life sciences pipeline; establishment; purpose; commencement of operations; awards; selection of pipeline operator; request for proposals; contract; duration; report; "pipeline" defined.
Section 125.2088q Section Center of innovation program; definitions.
Section 125.2088r Section Michigan business development program; definitions.
