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§ 125.2044 — Michigan Law | CourtGPT
  1. Home/
  2. Laws/
  3. Michigan/
  4. Chapter 125 - Planning, Housing, and Zoningact 281 of 1945 - Regional Planning (125.11 - 125.25)/
  5. Statute Act 270 of 1984/
  6. Division 270 1984 4/
  7. § 125.2044
Michigan Legal Code

§ 125.2044

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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. History: 1984, Act 270, Eff. Mar. 29, 1985 Popular Name: Strategic Fund