State Codes and Statutes
Statutes > Michigan > Chapter-285 > Act-220-of-1982
Section 285.251 - Short title.
Section 285.252 - Definitions; rules.
Section 285.253 - Michigan family farm development authority; creation; purpose; appointment, qualifications, and terms of members; expenses; certificate of appointment or reappointment; powers; actio
Section 285.254 - Performance of duties, implementation of powers, and selection of programs and projects; principles.
Section 285.255 - Powers of authority generally.
Section 285.256 - Annual report.
Section 285.257 - Use of surplus money.
Section 285.258 - Combining program with other state or federal programs.
Section 285.259 - Beginning farmer loan program; development; exercise of powers by authority; participation in federal and state programs; requirements for providing loan to beginning farmer; acceler
Section 285.260 - Making, purchasing, or participating in loans, grants, or deferred payment loans to beginning farmers; secured or unsecured loans and grants; insurance; interest rate; terms and cond
Section 285.261 - Loans to mortgage lenders; requirements and conditions.
Section 285.262 - Purchasing mortgage or secured loans from mortgage lenders; commitment to purchase; requirements and conditions.
Section 285.263 - Bonds and notes; general obligations; negotiability; issuance subject to agency financing reporting act.
Section 285.264 - Bonds and notes; authorization; requirements; sale.
Section 285.265 - Resolution authorizing notes or bonds; provisions.
Section 285.266 - Pledge by authority; validity; lien; recording of resolution or instrument not required.
Section 285.267 - Personal liability on note or bond of authority.
Section 285.268 - Purchase and cancellation of notes or bonds by authority; price.
Section 285.269 - Nonliability of state on notes or bonds of authority; statement.
Section 285.270 - Capital reserve funds.
Section 285.271 - General reserve fund.
Section 285.272 - Pledge and agreement of state with holders of notes or bonds.
Section 285.273 - Default by authority; appointment and powers of trustee; notice by trustee.
Section 285.274 - Depositing money of authority in bank or savings and loan association; security; contracting with holders of notes or bonds for certain purposes; system of accounts; operating expend
Section 285.275 - Notes and bonds of authority as securities; investment.
Section 285.276 - Recommending issuance of faith and credit bonds to legislature.
Section 285.277 - Tax exemptions.
Section 285.278 - Covenant by state with purchasers, holders, and transferees of notes and bonds concerning tax exemptions.
Section 285.279 - Prohibited conduct; violation; penalties; determination of total value; prior convictions; “proceeds” defined; prohibition.
State Codes and Statutes
Statutes > Michigan > Chapter-285 > Act-220-of-1982
Section 285.251 - Short title.
Section 285.252 - Definitions; rules.
Section 285.253 - Michigan family farm development authority; creation; purpose; appointment, qualifications, and terms of members; expenses; certificate of appointment or reappointment; powers; actio
Section 285.254 - Performance of duties, implementation of powers, and selection of programs and projects; principles.
Section 285.255 - Powers of authority generally.
Section 285.256 - Annual report.
Section 285.257 - Use of surplus money.
Section 285.258 - Combining program with other state or federal programs.
Section 285.259 - Beginning farmer loan program; development; exercise of powers by authority; participation in federal and state programs; requirements for providing loan to beginning farmer; acceler
Section 285.260 - Making, purchasing, or participating in loans, grants, or deferred payment loans to beginning farmers; secured or unsecured loans and grants; insurance; interest rate; terms and cond
Section 285.261 - Loans to mortgage lenders; requirements and conditions.
Section 285.262 - Purchasing mortgage or secured loans from mortgage lenders; commitment to purchase; requirements and conditions.
Section 285.263 - Bonds and notes; general obligations; negotiability; issuance subject to agency financing reporting act.
Section 285.264 - Bonds and notes; authorization; requirements; sale.
Section 285.265 - Resolution authorizing notes or bonds; provisions.
Section 285.266 - Pledge by authority; validity; lien; recording of resolution or instrument not required.
Section 285.267 - Personal liability on note or bond of authority.
Section 285.268 - Purchase and cancellation of notes or bonds by authority; price.
Section 285.269 - Nonliability of state on notes or bonds of authority; statement.
Section 285.270 - Capital reserve funds.
Section 285.271 - General reserve fund.
Section 285.272 - Pledge and agreement of state with holders of notes or bonds.
Section 285.273 - Default by authority; appointment and powers of trustee; notice by trustee.
Section 285.274 - Depositing money of authority in bank or savings and loan association; security; contracting with holders of notes or bonds for certain purposes; system of accounts; operating expend
Section 285.275 - Notes and bonds of authority as securities; investment.
Section 285.276 - Recommending issuance of faith and credit bonds to legislature.
Section 285.277 - Tax exemptions.
Section 285.278 - Covenant by state with purchasers, holders, and transferees of notes and bonds concerning tax exemptions.
Section 285.279 - Prohibited conduct; violation; penalties; determination of total value; prior convictions; “proceeds” defined; prohibition.
State Codes and Statutes
Statutes >
Michigan >
Chapter-285 >
Act-220-of-1982Section 285.251 - Short title.Section 285.252 - Definitions; rules.Section 285.253 - Michigan family farm development authority; creation; purpose; appointment, qualifications, and terms of members; expenses; certificate of appointment or reappointment; powers; actioSection 285.254 - Performance of duties, implementation of powers, and selection of programs and projects; principles.Section 285.255 - Powers of authority generally.Section 285.256 - Annual report.Section 285.257 - Use of surplus money.Section 285.258 - Combining program with other state or federal programs.Section 285.259 - Beginning farmer loan program; development; exercise of powers by authority; participation in federal and state programs; requirements for providing loan to beginning farmer; accelerSection 285.260 - Making, purchasing, or participating in loans, grants, or deferred payment loans to beginning farmers; secured or unsecured loans and grants; insurance; interest rate; terms and condSection 285.261 - Loans to mortgage lenders; requirements and conditions.Section 285.262 - Purchasing mortgage or secured loans from mortgage lenders; commitment to purchase; requirements and conditions.Section 285.263 - Bonds and notes; general obligations; negotiability; issuance subject to agency financing reporting act.Section 285.264 - Bonds and notes; authorization; requirements; sale.Section 285.265 - Resolution authorizing notes or bonds; provisions.Section 285.266 - Pledge by authority; validity; lien; recording of resolution or instrument not required.Section 285.267 - Personal liability on note or bond of authority.Section 285.268 - Purchase and cancellation of notes or bonds by authority; price.Section 285.269 - Nonliability of state on notes or bonds of authority; statement.Section 285.270 - Capital reserve funds.Section 285.271 - General reserve fund.Section 285.272 - Pledge and agreement of state with holders of notes or bonds.Section 285.273 - Default by authority; appointment and powers of trustee; notice by trustee.Section 285.274 - Depositing money of authority in bank or savings and loan association; security; contracting with holders of notes or bonds for certain purposes; system of accounts; operating expendSection 285.275 - Notes and bonds of authority as securities; investment.Section 285.276 - Recommending issuance of faith and credit bonds to legislature.Section 285.277 - Tax exemptions.Section 285.278 - Covenant by state with purchasers, holders, and transferees of notes and bonds concerning tax exemptions.Section 285.279 - Prohibited conduct; violation; penalties; determination of total value; prior convictions; “proceeds” defined; prohibition.
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