State Codes and Statutes

Statutes > Michigan > Chapter-141 > Act-243-of-1980 > Section-141-939

EMERGENCY MUNICIPAL LOAN ACT (EXCERPT)
Act 243 of 1980

141.939 Annual report; evaluation of loan program; recommendations.

Sec. 9.

The board shall report annually to the governor and the legislature on which municipalities have applied for loans under the program, which municipalities have received loans, the amount of each loan, and the conditions under which each loan was made. Five years after the effective date of this act, the board shall submit to the governor and the legislature an evaluation of the loan program with recommendations for its continuance or discontinuance.


History: 1980, Act 243, Imd. Eff. July 24, 1980

State Codes and Statutes

Statutes > Michigan > Chapter-141 > Act-243-of-1980 > Section-141-939

EMERGENCY MUNICIPAL LOAN ACT (EXCERPT)
Act 243 of 1980

141.939 Annual report; evaluation of loan program; recommendations.

Sec. 9.

The board shall report annually to the governor and the legislature on which municipalities have applied for loans under the program, which municipalities have received loans, the amount of each loan, and the conditions under which each loan was made. Five years after the effective date of this act, the board shall submit to the governor and the legislature an evaluation of the loan program with recommendations for its continuance or discontinuance.


History: 1980, Act 243, Imd. Eff. July 24, 1980


State Codes and Statutes

State Codes and Statutes

Statutes > Michigan > Chapter-141 > Act-243-of-1980 > Section-141-939

EMERGENCY MUNICIPAL LOAN ACT (EXCERPT)
Act 243 of 1980

141.939 Annual report; evaluation of loan program; recommendations.

Sec. 9.

The board shall report annually to the governor and the legislature on which municipalities have applied for loans under the program, which municipalities have received loans, the amount of each loan, and the conditions under which each loan was made. Five years after the effective date of this act, the board shall submit to the governor and the legislature an evaluation of the loan program with recommendations for its continuance or discontinuance.


History: 1980, Act 243, Imd. Eff. July 24, 1980