12-16,108.   State grants or loans to municipalities; definitions.When used in this act:

      (a)   "Municipality" means any city, county, township, school district orother political subdivision of the state;

      (b)   "state agency" means any department, authority, office or othergovernmental agency of this state which is authorized by law to make stategrants or loans to a municipality;

      (c)   "state grants or loans" means financial aid, gifts, grants or otherpayments to a municipality made pursuant to a written agreement by a stateagency, including moneys loaned to a municipality, with or withoutinterest, whether such money is derived from state or federal revenuesources or from moneys borrowed by the state or its agencies as authorized by law.

      History:   L. 1989, ch. 56, § 1; July 1.