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MICHIGAN STATUTES AND CODES
Act 112 of 1961 - STATE LOANS TO SCHOOL DISTRICTS (388.981 - 388.985)
- Section 388.981 - State loans to school districts; bonds, notes, or commercial paper.
- Section 388.981a - Issuance of bonds by state administrative board.
- Section 388.981b - Security for payment or purchase of bonds, notes, or commercial paper; authorization and approval by state administrative board; authority of state treasurer or deputy treasurer.
- Section 388.981c - Bonds and notes; revised municipal finance act inapplicable; agency financing reporting act applicable.
- Section 388.982 - School loan revolving fund; disposition of proceeds payment.
- Section 388.983 - Appropriation for payment of principal and interest on bonds or notes.
- Section 388.984 - Money repaid by school districts on loans from school loan revolving fund; deposit; exception.
- Section 388.985 - State loans to school districts; notes.
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