For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Loans, loan insurance, or loan guarantees; terms and conditions.

MCL 125.2048
in effect
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125.2048. Loans, loan insurance, or loan guarantees; terms and conditions. Sec. 48. Loans, loan insurance, or loan guarantees provided from the local government assistance account may be on such terms and conditions as the fund, in its sole discretion, determines to be reasonable, appropriate, and consistent with the purposes and objectives of the fund and this chapter. 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-125-2048Fetched: 10/20/2026

Starting a business in Michigan? Michigan LLC guide: costs and requirements