Michigan Compiled Laws § 125.2058 Special Fund; Purpose.


125.2058 Special fund; purpose.

Sec. 58.

The fund may establish a special fund or funds solely to secure some or all of its obligations within the center for loan insurance into which fees or premiums collected by the fund for loan, debenture, or lease insurance, guarantees, or letters of credit may be deposited.


History: 1984, Act 270, Eff. Mar. 29, 1985
Popular Name: Strategic Fund


Section: Previous  125.2051  125.2052  125.2053  125.2054  125.2055  125.2056  125.2057  125.2058  

Last modified: October 10, 2016