Loans, loan insurance, or loan guarantees; conditions.
MCL 125.2049
in effect125.2049. Loans, loan insurance, or loan guarantees; conditions.
Sec. 49.
A loan, loan insurance, or loan guarantee shall not be provided from the local government assistance account unless it is for a public work which will assist an economic development project and unless the fund finds that there is significant private sector financial support associated with the economic development project.
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-125-2049Fetched: 10/20/2026
