Michigan Compiled Laws
Act 270 of 1984 - Michigan Strategic Fund Act (125.2001 - 125.2094)
270-1984-6 - Chapter 6 (125.2061...125.2069a)

Section 125.2061 - Definitions. - Sec. 61. As used in this chapter: (a) "MESBIC" means...

Section 125.2062 - Center for Minority Venture Capital; Establishment and Operation. - Sec. 62. The fund shall establish and operate a center...

Section 125.2063 - Certification of Minority Venture Capital Company and Mesbic; Purpose; Construction of Certification; Statement in Documents; Forwarding Certification Applications; Qualifications for Initial Certification; Compliance. - Sec. 63. (1) The fund is empowered to certify a...

Section 125.2064 - Considerations Prior to Certification. - Sec. 64. The fund shall also consider, prior to certifying...

Section 125.2065 - Percentage of Venture Capital Investments; Encouraging Certified Mesbic to Meet Investment Requirements; “Investment” Defined. - Sec. 65. (1) Sixty-five percent of investments of a certified...

Section 125.2066 - Minority Venture Capital Company as Certified Mesbic. - Sec. 66. A minority venture capital company certified under this...

Section 125.2067 - Independent Program Audit. - Sec. 67. A certified minority venture capital company and a...

Section 125.2068 - Effective Date and Duration of Certification; Eligibility as Recipient of Investments; Approval and Effect of Tax Credit Disqualification. - Sec. 68. (1) Unless revoked, a certification provided under this...

Section 125.2069 - Revocation of Certification; Notice; Remedying Deficiencies and Complying With Requirements; Determination. - Sec. 69. If the fund finds that a certified minority...

Section 125.2069a - Tax Credit Certification; Information; Report. - Sec. 69a. (1) Upon written request to the fund not...