State Codes and Statutes
Statutes > Michigan > Chapter-125 > Act-270-of-1984 > 270-1984-6 > Section-125-2067MICHIGAN STRATEGIC FUND ACT (EXCERPT)
Act 270 of 1984
125.2067 Independent program audit.
Sec. 67.
A certified minority venture capital company and a certified MESBIC shall have an independent program audit annually performed by a certified public accountant. The fund may visit and examine a certified minority venture capital company or a certified MESBIC and may delegate the authority to visit and examine to the commissioner of the financial institutions bureau.
History: 1984, Act 270, Eff. Mar. 29, 1985
Popular Name: Strategic Fund
