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Document Type(s): MCLs
Public Act Number: 437
Public Act Year: 2012
(11 results found)
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Document Type Description
Section 388.1923 Section Definitions.
Section 388.1924 Section Qualification of new bonds; terms and conditions applicable to outstanding qualified bonds; application for prequalification.
Section 388.1925 Section Preliminary qualification; application.
Section 388.1926 Section Prequalification of bonds; determination by state treasurer.
Section 388.1927 Section Qualification of bonds; determination by state treasurer; order; specifications; loan agreement; failure to issue bonds within certain time; reapplication; qualification of refunding bonds.
Section 388.1928 Section Submission of ballot to electors; ballot.
Section 388.1929 Section Amount of borrowing; limitation; payment date for outstanding qualified loans; order; maintenance of separate accounts for each school district; duration of millage levy; amended and restated repayment agreements; waiver of portion of millage levy; findings; interest; final or later mandatory repayment date.
Section 388.1931 Section Rules; bulletins.
Section 388.1933 Section School district owing revolving loan fund; filing annual loan activity application required; borrowing for debt service on qualified bonds; draw request; duties of state treasurer upon receipt of qualified loan confirmation; notification of no need to borrow by school district; invoice for repayment amount; remittance.
Section 388.1936 Section Charging and disposition of fees.
Section 388.1938 Section Use of remaining proceeds.