Michigan Compiled Laws 451-1994-i-7 Part 7 Forest And Mineral Resource Development (324.701...324.705)

• Section 324.701 “fund” Defined.
  As used in this part, “fund” means the forest and mineral resource development fund created in section 703. History: Add. 1995, Act 60, Imd....
• Section 324.702 Duties Of Department.
  The department shall do all of the following: (a) Administer a grant and loan program pursuant to sections 704 and 705. (b) Provide advice...
• Section 324.703 Forest And Mineral Resource Development Fund; Creation; Administration; Expenditures; Purpose; Appropriations; Grants And Loans; Repayments Of Principal; Interest And Earnings; Appropriations, Interest, And Earnings To Remain In Fund.
  (1) The forest and mineral resource development fund is created as a separate fund in the department of treasury to be administered and expended...
• Section 324.704 Forest And Mineral Resource Development Grant And Loan Program; Establishment; Rules; Publication Of Information About Grants And Loans; Distribution Of Information And Application Forms; Form And Contents Of Application; Projects Eligible For Grant Or Loan; Matching Funds; Considerations In Making Grants And Loans; Determining Rate Of Interest.
  (1) The department shall establish a forest and mineral resource development grant and loan program. The department shall promulgate rules necessary to implement the...
• Section 324.705 Reviewing And Prioritizing Application For Grant Or Loan; Report.
  (1) An application for a grant or loan made under this part shall be reviewed and prioritized by the department each fiscal year. (2)...

Last modified: October 10, 2016