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Form a Business

Utilization of money; purposes.

MCL 125.2044
in effect
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125.2044. Utilization of money; purposes. Sec. 44. Subject to the limitations provided by this chapter, the fund may utilize money held in the local government assistance account for 1 or more of the following purposes: (a) To make loans to a municipality. (b) To establish a reserve fund to insure or guarantee borrowings of a municipality. 1984, Act 270, Eff. Mar. 29, 1985 [PopularName] Strategic Fund
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-125-2044Fetched: 10/20/2026

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