MCL - Index of Act 157 of 1986
NOTE: Dates reflect any modification to item, not necessarily a change in law.
| Title | Subject |
|---|---|
| Act 157 of 1986 | MICHIGAN EXPORT DEVELOPMENT ACT (447.151 - 447.168) |
| Section 447.151 | Short title. |
| Section 447.152 | Definitions. |
| Section 447.153 | Michigan export development authority; creation; budgeting, procurement, and related functions; purpose of authority. |
| Section 447.154 | Board of directors; appointment, qualifications, and terms of members; vacancy; oath or affirmation; reimbursement for expenses; election of chairperson, vice-chairperson, secretary, and other officers; quorum; majority vote sufficient for action; vote necessary for bonds. |
| Section 447.155 | Effect of vacancy in membership of board; authorization and effective date of action by board; delegation of powers and duties; liability or accountability on contract, commitment, or agreement; liability for damage or injury; indemnification of board members and staff officers; appointment of employees to unclassified positions; terms. |
| Section 447.156 | Conducting business at public meeting; notice; availability of writings to public; confidentiality. |
| Section 447.157 | Powers of authority generally. |
| Section 447.158 | Guarantee or export insurance for eligible export transaction; requirements; fees; determinations; condition to provision of guarantee or export insurance. |
| Section 447.158a | Grant to non-profit organization; purposes. |
| Section 447.159 | Bonds generally. |
| Section 447.160 | Bonds and notes generally. |
| Section 447.161 | Bonds or security agreement; resolution; trustee or depository. |
| Section 447.162 | Bonds; refunding. |
| Section 447.163 | Proceeds from sale of bonds; application; export development bond fund as separate fund; investments and earnings. |
| Section 447.164 | Tax exemptions generally. |
| Section 447.165 | Additional tax exemptions. |
| Section 447.166 | Insurance fund; insurance pledged as security. |
| Section 447.167 | Bonds, debentures, notes, or other evidence of indebtedness as securities; investment; deposit. |
| Section 447.168 | Annual report; contents; examination; audit. |