MCL - 270-1984-1

MICHIGAN STRATEGIC FUND ACT (EXCERPT)
Act 270 of 1984
Chapter 1

Document Type Description
Section 125.2001 Section Legislative finding and declaration.
Section 125.2002 Section Purposes of act.
Section 125.2003 Section Short title.
Section 125.2004 Section Definitions.
Section 125.2005 Section Michigan strategic fund; creation; purposes, powers, duties, and functions generally; appointment, qualifications, and terms of members; chairperson, president, and vice-president; compensation and expenses; delegation of functions and authority; quorum; voting; meetings; conducting business at public meeting; notice; confidentiality; closed sessions; "financial or proprietary information" defined.
Section 125.2006 Section Members, officers, and employees subject to MCL 15.321 to 15.330 or MCL 15.301 to 15.310; discharge of duties by member, officer, employee, or agent; prohibited conduct; conflict of interest; noncompliance; expenditures.
Section 125.2007 Section Powers and duties of fund.
Section 125.2007a Section Compliance with divestment from terror act.
Section 125.2007b Section Advisory committee; projects relating to port facilities; recommendations.
Section 125.2008 Section Evaluation procedures; priorities; targets.
Section 125.2009 Section Activities report; contents; audit; providing and posting information regarding actions under chapter 8C; posting loan or grant documentation and information regarding programs providing financial assistance; "financial assistance" defined.
Section 125.2010 Section Applicability of limitation or restriction.
Section 125.2011 Section Request for assistance; approval or disapproval; reconsideration.
Section 125.2012 Section Private sector financial support; associated transactions.
Section 125.2012a Section Loan, loan insurance, or guarantee for public work; requirements.
Section 125.2013 Section Total debt owed to fund; limitation.
Section 125.2014 Section Loans and transactions.