Michigan Compiled Laws Act 35 Of 1970 Oakland University (390.151 - 390.159)

AN ACT to establish an institution of higher education having authority to grant baccalaureate degrees, known as Oakland university; to provide for the board of control, the organization of such board and the vesting of assets in such board; and granting and confirming the powers of such board.

History: 1970, Act 35, Imd. Eff. July 1, 1970

Section 390.151 Oakland University; Establishment, Location; Board Of Control.
There is established a state institution of higher education having authority to grant baccalaureate degrees, known as Oakland university to be located in Oakland...
Section 390.152 Board Of Control; Members, Terms.
The board shall consist of 8 members who shall hold office for terms of 8 years and who shall be appointed by the governor...
Section 390.153 Board Of Control; Officers; Treasurer, Bond; Limitations.
The board shall elect from its membership a chairman and such other officers as it deems necessary. Officers shall serve terms of 1 year...
Section 390.154 Board Of Control; Quorum; Conducting Business; Notice Of Meeting; Powers And Duties Of Board; Assumption And Payment Of Liabilities; Constitutional Powers; Other Powers Not Excluded.
(1) A majority of the members of the board shall form a quorum for the transaction of business. The business which the board may...
Section 390.155 Transfer Of Assets And Facilities To Oakland University.
The present assets and facilities of the Oakland branch of Michigan state university constitute the properties of Oakland university and upon the effective date...
Section 390.156 Board Of Control; Borrowing Power; Acquisition Of Property.
The board shall not borrow money on its general faith and credit, nor create any liens upon its property except as herein provided. The...
Section 390.157 Bonds, Notes Or Other Obligations; Purchase By State Prohibited.
Bonds, notes or other obligations issued under the provisions of this act shall not be purchased by the state of Michigan. History: 1970, Act...
Section 390.158 Board Of Control; Ordinances, Adoption, Amendment Or Repeal; Violation, Penalty.
The board may adopt, amend and repeal such ordinances, not inconsistent with this act, as it may deem necessary and in the interest of...
Section 390.159 Effective Date Of Act.
This act shall become effective July 1, 1970. History: 1970, Act 35, Imd. Eff. July 1, 1970

Last modified: October 10, 2016