Michigan Compiled Laws 451-1994-iii-2-4-the-timber-indu Subpart 6 Cost-sharing And Loans For Forest Practices (324.50145...324.50155)
- Section 324.50145 Agreements To Share Cost Of Forest Practices; Schedule Of Cost Share Percentages.
(1) A district may enter into agreements to share the cost of implementing forest practices on member forest land within the district. A district...
- Section 324.50146 Loans To Members; Purpose; Term; Interest; Security; Recordation Of Mortgage Or Deed Of Trust; Repayment Before Maturity Date; Damage As Grounds For Release Of Obligation.
(1) A district may make loans to a member for 1 or more of the following reasons: (a) To cover all or part of...
- Section 324.50147 Annual Incentive Payments To Members; Purpose; Application Of Income From Sale Of Timber; Term; Interest; Limitation; Security; Recordation Of Mortgage Or Deed Of Trust; Effect Of Voluntary Withdrawal Of Member; Damage As Grounds For Release Of Obligation.
(1) A district may make annual incentive payments to members to cover forest practice costs only, but not to cover ad valorem property taxes...
- Section 324.50148 Cost-share Payments, Loans, Or Annual Incentive Payments; Eligibility; Conditions; Guidelines.
(1) The following conditions shall be met for a member to be eligible for cost-share payments, a loan, or an annual incentive payment: (a)...
- Section 324.50149 Applications For Financial Assistance; Selection Of Programs; Factors; Preferences; Criteria For Evaluation And Approval.
(1) When allocating available funds among applicants for assistance pursuant to this subpart, the board shall select those programs of forest practices which in...
- Section 324.50150 Cost-share Payments, Loans, Or Annual Incentive Payments; Federal Payments Or Other Assistance; Limitation.
Cost-share payments, loans, or annual incentive payments under this subpart may be made for forest practices that are also the subject of payments or...
- Section 324.50151 Cost-share Payments, Loans, Or Annual Incentive Payments; Refund; Interest; Payments As Lien On Forest Land; Filing Lien; Legal Action.
(1) All cost-share payments, loans, or annual incentive payments advanced to a member under this subpart shall be refunded to the district if either...
- Section 324.50152 Severance And Service Fees Generally.
In order to provide a source of funds for the cost-share payments, loans, annual incentive payments, and other services authorized to be offered to...
- Section 324.50153 Schedule Of Fees For Services; Establishment; Uniform Severance Fee.
(1) The board may establish a schedule of fees for the services provided directly to members within a district. (2) After a referendum in...
- Section 324.50154 Severance And Service Fees; Collection And Disposition; Responsibility For Payment Of Severance Fee; Stumpage Values And Units Of Measurement; Remittance; Reports; Records.
(1) The board shall develop the necessary administrative procedures to collect the fees and shall deposit the revenue collected in the district forest management...
- Section 324.50155 Collection Of Fees; Enforcement.
The board shall enforce collection of the fees pursuant to the procedure contained in section 50143. History: Add. 1995, Act 57, Imd. Eff. May...
Last modified: October 10, 2016