Michigan Compiled Laws Act 411 Of 2012 Rural Development Fund Act (286.941 - 286.947)

AN ACT to establish certain programs that promote the sustainability of land-based industries and support infrastructure that benefits rural communities; to establish a fund and provide for its use; and to prescribe the powers and duties of certain state agencies and officials.

History: 2012, Act 411, Imd. Eff. Dec. 20, 2012

Section 286.941 Short Title.
This act shall be known and may be cited as the "rural development fund act". History: 2012, Act 411, Imd. Eff. Dec. 20, 2012
Section 286.942 Definitions.
As used in this act: (a) "Board" means the rural development fund board established in section 3. (b) "Commission" means the commission of agriculture...
Section 286.943 Rural Development Fund Board; Creation; Qualifications; Appointment; Terms; Compensation; Oath Of Office; Election Of Chairperson And Officers; Personnel; Quorum; Compliance With Open Meetings Act; Removal Of Member; Duties.
(1) The rural development fund board is created within the department. (2) The board shall be composed of 5 members as follows: (a) The...
Section 286.944 Board Members As Public Servants And Public Officers; Discharge Of Duties In Nonpartisan Manner; Conflict Of Interest; Noncompliance With Subsection (4).
(1) Notwithstanding section 3(1) of 1968 PA 317, MCL 15.323, members of the board are considered public servants subject to 1968 PA 317, MCL...
Section 286.945 Rural Development Fund.
(1) The rural development fund is created within the state treasury. (2) The state treasurer may receive money or other assets from any source...
Section 286.946 Evaluation Of Project Proposals; Criteria; Review And Update; Posting On Department's Website And Printed Materials.
(1) The board shall develop criteria for evaluating project proposals for funding with money from the fund. The criteria shall include both of the...
Section 286.947 Expenditures; Requests For Project Proposals; Determinations; Prohibited Expenditures; Matching Funds.
(1) Money in the fund shall be expended, upon legislative appropriation, for all of the following: (a) Grants, loans, and loan guarantees to fund...

Last modified: October 10, 2016