MCL - Act 289 of 1976
AN ACT to implement, clarify, and confirm the constitutional powers of the bodies corporate controlling those institutions of higher education named in sections 4, 5, and 6 of article 8 of the state constitution of 1963, or established by law as therein provided, regarding the establishment and financing of student loan programs.
History: 1976, Act 289, Imd. Eff. Oct. 25, 1976
| Document | Type | Description |
|---|---|---|
| Section 390.1351 | Section | Definitions. |
| Section 390.1352 | Section | MCL 141.2101 to 141.2821, 141.151 to 141.153, and 141.101 to 141.140 inapplicable to borrowing under act; purpose of act; provisions cumulative as to powers of board; bonds and notes subject to agency financing reporting act. |
| Section 390.1353 | Section | Methods of making student loan. |
| Section 390.1354 | Section | Financing of student loan program; bonds or notes generally; capital cost. |
| Section 390.1355 | Section | Notes or bonds as negotiable instruments. |
| Section 390.1356 | Section | Bonds, notes, or contracts neither evidence of state indebtedness nor grant of state credit; payment of bonds, notes, or contracts. |