Michigan Compiled Laws 270-1984-3 Chapter 3 (125.2031...125.2037)
- Section 125.2031 Center For Assistance To Private Enterprise; Establishment And Operation.
The fund shall establish and operate a center for assistance to private enterprise. History: 1984, Act 270, Eff. Mar. 29, 1985 Compiler's Notes: For...
- Section 125.2032 Private Enterprise Assistance Account; Payments Into Account; Transfer Of Money.
(1) The center for assistance to private enterprise shall be funded by an account, which shall be established and managed by the fund, to...
- Section 125.2033 Loans, Limitations.
Subject to the limitations provided by this chapter, the fund may utilize the money held in the private enterprise assistance account to make loans...
- Section 125.2034 Loans, Grants, Or Investments; Limitations; Condition.
(1) Subject to the limitations provided by this chapter, the fund may utilize the money held in the private enterprise assistance account to make...
- Section 125.2035 Loans; Use; Recipients; Terms And Conditions.
(1) Loans made from the private enterprise assistance account may be used for any purpose consistent with the purposes and objectives of the fund...
- Section 125.2036 Loan For Economic Development Project; Legal Assurance As To Use Of Money.
(1) A loan shall not be made from the private enterprise assistance account for an economic development project pursuant to section 33 unless significant...
- Section 125.2037 Paramount Priority In Making Loans.
The fund shall give paramount priority in making loans from the private enterprise assistance account to economic development projects which have the greatest potential...
Last modified: October 10, 2016