MCL - 451-1994-III-4-1-ADMINISTRATION-715
Act 451 of 1994
RECREATION BOND IMPLEMENTATION
| Document | Type | Description |
|---|---|---|
| Section 324.71501 | Section | Definitions. |
| Section 324.71502 | Section | Legislative finding and declaration. |
| Section 324.71503 | Section | Bonds; requirements generally. |
| Section 324.71504 | Section | Bonds negotiable; tax exemption. |
| Section 324.71505 | Section | Bonds as securities. |
| Section 324.71506 | Section | Recreation bond fund; creation; composition; restricted subaccounts. |
| Section 324.71507 | Section | Disposition of bond proceeds; investment of fund; allocation of interest and earnings; crediting and use of repayments of principal and interest; disposition of unencumbered balance; submission and contents of list of projects; appropriations. |
| Section 324.71508 | Section | Use of fund generally. |
| Section 324.71509 | Section | Making and allocating grants and loans to local units of government; division of state into regions; match by local unit; rules; sale, disposal, or use of facility. |
| Section 324.71510 | Section | Grant or loan program; rules; maximum participation; considerations in determining appropriateness of grant or loan program; considerations in making grant or loan. |
| Section 324.71511 | Section | Application for grant or loan; form; information. |
| Section 324.71512 | Section | Conditions to making grant or loan. |
| Section 324.71513 | Section | Recipient of grant or loan; duties; noncompliance; recovery of grant; withholding grant or loan. |
| Section 324.71514 | Section | Rules generally. |