Michigan Compiled Laws
451-1994-III-2-4 - Subchapter 4 Forests (324.50101...324.53519)
451-1994-III-2-4-THE-TIMBER-INDUSTRY - The Timber Industry (324.50101...324.50707)

Section 324.50108 - Forest Restoration Pilot Project; Purpose; Sources of Funding; Allocation of Funds. - Sec. 50108. (1) The department may fund a forest restoration...

Section 324.50109 - Expenses. - Sec. 50109. A district board of directors shall determine the...

Section 324.50110 - Repealed. 2013, Act 45, Imd. Eff. June 6, 2013. - Compiler's Notes: The repealed section pertained to definitions.Popular Name: Act...

Section 324.50111 - Western Upper Peninsula Forest Improvement District; Establishment; Petition; Selection of Lands by Committee; Employment of Forester; Activation of Working Forests; Factors in Determining and Allocating Funds. - Sec. 50111. (1) A forest restoration pilot project organized as...

Section 324.50112 - Repealed. 2013, Act 45, Imd. Eff. June 6, 2013. - Compiler's Notes: The repealed section pertained to the board of...

Section 324.50113 - Report. - Sec. 50113. During the years of operation of the western...

Section 324.50114 - Notices; Contents; Certification. - Sec. 50114. Within 30 days after receipt of the certificate...

Section 324.50115 - Mandate for Public Benefit; Standards for Conduct of Forest Practices. - Sec. 50115. For the public benefit, the board shall mandate...

Section 324.50116 - Changes in Forest Management Plan; Approval; Appeal; Determination; Service of Changes on Members; Effective Date of Changes. - Sec. 50116. (1) A member who has submitted and obtained...

Section 324.50117 - Security for Repayment of Bonds. - Sec. 50117. The security for the repayment of bonds issued...

Section 324.50118 - Approved Reserve Fund; Establishment; Purpose; Payments Into Fund; Resolution as to Use of Money; Limitations. - Sec. 50118. (1) The western Upper Peninsula forest improvement district...

Section 324.50119 - Applicability of Part. - Sec. 50119. Except where expressly modified by this subpart, this...

451-1994-III-2-4-THE-TIMBER-INDUSTRY-501-3 - Subpart 3 Department Powers (324.50120...324.50122)

Section 324.50120 - Duties of Department Generally; Applicability of Provisions to Western Upper Peninsula Forest Improvement District. - Sec. 50120. (1) The department shall do all of the...

Section 324.50121 - Rules, Guidelines, and Publications. - Sec. 50121. The department shall promulgate rules, adopt guidelines, and...

Section 324.50122 - Primary Consideration in Promulgating Rules and Disposing of Timber and Other Products; Timber Volume Agreement; Forest Improvement Program. - Sec. 50122. (1) The department, in promulgating its rules and...

451-1994-III-2-4-THE-TIMBER-INDUSTRY-501-4 - Subpart 4 Forest Improvement District (324.50123...324.50139)

Section 324.50123 - Establishment Authorized; Powers Generally. - Sec. 50123. A forest improvement district may be established pursuant...

Section 324.50124 - Petitions. - Sec. 50124. (1) A district may be established by filing...

Section 324.50125 - Creation of District; Hearing; Notice; Determination; Defining Boundaries of District; Actual Notice. - Sec. 50125. (1) Within 30 days after a petition has...

Section 324.50126 - Operation of District; Feasibility. - Sec. 50126. (1) If the department makes and records a...

Section 324.50127 - Board of Directors; Appointment and Qualifications of Directors; Presentation and Contents of Application; Certification Statement; Examination and Recordation of Application and Statement; Issuance and Contents of Certification. - Sec. 50127. (1) If the operation of a district is...

Section 324.50128 - District as Governmental Subdivision and Public Body Corporate and Politic. - Sec. 50128. The district shall constitute a governmental subdivision of...

Section 324.50129 - Petition for Discontinuance; Filing; Form; Notice. - Sec. 50129. A petition for discontinuance of membership in, for...

Section 324.50130 - Petitions for Change of Boundary Line; Filing; Contents; Hearing; Determination; Application for Certificate Evidencing Change of Boundary; Statement; Effect of Filing; Issuance and Contents of Certificate. - Sec. 50130. (1) Petitions signed by a majority of the...

Section 324.50131 - Board of Directors as Governing Body of District; Officers; Election and Appointment of Directors; Terms; Eligibility to Vote; Vacancy; Annual Meeting; Fiscal Year; Quorum; Concurrence of Majority for Determination; Expenses; Dele... - Sec. 50131. (1) The governing body of a district shall...

Section 324.50132 - Nominating Petition; Filing; Signatures; Notice; Eligibility to Vote. - Sec. 50132. (1) A candidate for the first board of...

Section 324.50133 - Consolidation Into Single District; Petition; Notice; Hearing; Determination; Order; Board of Consolidated District; Certificate of Organization; Powers and Duties; Property, Agreements, and Obligations of Consolidated District. - Sec. 50133. (1) Two or more districts may petition the...

Section 324.50134 - Discontinuance of District; Petition; Public Hearings; Notice of Referendum; Eligibility to Vote; Publishing Results of Referendum; Determination; Certificate of Determination; Payment of Debt and Disposition of Property; Applicat... - Sec. 50134. (1) The members within a district, whose total...

Section 324.50135 - Additional Powers of District. - Sec. 50135. In addition to those powers granted elsewhere in...

Section 324.50136 - Repealed. 2013, Act 45, Imd. Eff. June 6, 2013. - Compiler's Notes: The repealed section pertained to cooperation between state...

Section 324.50137 - Expenses of District; Sources of Payment; Allocation of Funds. - Sec. 50137. (1) The expenses of a district may be...

Section 324.50138 - Cooperative Exercise of Powers. - Sec. 50138. The boards of any 2 or more districts...

Section 324.50139 - Report. - Sec. 50139. During the years of operation of a district,...

451-1994-III-2-4-THE-TIMBER-INDUSTRY-501-5 - Subpart 5 Forest Practices (324.50140...324.50144)

Section 324.50140 - Conduct of Forest Practices; Minimum Standards. - Sec. 50140. For the public benefit, the board shall mandate...

Section 324.50141 - Notification of Compliance With Forest Practice Rules; Forest Management Plan; Forms; Contents of Notification; Notice of Change in Information; Validity of Notification. - Sec. 50141. (1) A member shall notify the district of...

Section 324.50142 - Violation of District Forest Practice Rule; Notice; Order; Hearing. - Sec. 50142. (1) If the board determines that a district...

Section 324.50143 - Noncompliance With Order Directing Repair of Damage or Correction of Unsatisfactory Condition; Estimate of Cost; Notice of Estimate; Review; Determination of Expenditure; Appearance of Member; Itemized Certified Statement of Expen... - Sec. 50143. (1) If an order directs the repair of...

Section 324.50144 - Conversion of Forest Land to Other Use; Procedures and Criteria. - Sec. 50144. This subpart does not prevent forest land from...

451-1994-III-2-4-THE-TIMBER-INDUSTRY-501-6 - Subpart 6 Cost-Sharing and Loans for Forest Practices (324.50145...324.50155)

Section 324.50145 - Agreements to Share Cost of Forest Practices; Schedule of Cost Share Percentages. - Sec. 50145. (1) A district may enter into agreements to...

Section 324.50146 - Loans to Members; Purpose; Term; Interest; Security; Recordation of Mortgage or Deed of Trust; Repayment Before Maturity Date; Damage as Grounds for Release of Obligation. - Sec. 50146. (1) A district may make loans to a...

Section 324.50147 - Annual Incentive Payments to Members; Purpose; Application of Income From Sale of Timber; Term; Interest; Limitation; Security; Recordation of Mortgage or Deed of Trust; Effect of Voluntary Withdrawal of Member; Damage as Grounds... - Sec. 50147. (1) A district may make annual incentive payments...

Section 324.50148 - Cost-Share Payments, Loans, or Annual Incentive Payments; Eligibility; Conditions; Guidelines. - Sec. 50148. (1) The following conditions shall be met for...

Section 324.50149 - Applications for Financial Assistance; Selection of Programs; Factors; Preferences; Criteria for Evaluation and Approval. - Sec. 50149. (1) When allocating available funds among applicants for...

Section 324.50150 - Cost-Share Payments, Loans, or Annual Incentive Payments; Federal Payments or Other Assistance; Limitation. - Sec. 50150. Cost-share payments, loans, or annual incentive payments under...

Section 324.50151 - Cost-Share Payments, Loans, or Annual Incentive Payments; Refund; Interest; Payments as Lien on Forest Land; Filing Lien; Legal Action. - Sec. 50151. (1) All cost-share payments, loans, or annual incentive...

Section 324.50152 - Severance and Service Fees Generally. - Sec. 50152. In order to provide a source of funds...

Section 324.50153 - Schedule of Fees for Services; Establishment; Uniform Severance Fee. - Sec. 50153. (1) The board may establish a schedule of...

Section 324.50154 - Severance and Service Fees; Collection and Disposition; Responsibility for Payment of Severance Fee; Stumpage Values and Units of Measurement; Remittance; Reports; Records. - Sec. 50154. (1) The board shall develop the necessary administrative...

Section 324.50155 - Collection of Fees; Enforcement. - Sec. 50155. The board shall enforce collection of the fees...

451-1994-III-2-4-THE-TIMBER-INDUSTRY-501-7 - Subpart 7 Bond Issuance Provisions (324.50156...324.50166)

Section 324.50156 - Resolution Authorizing Bonds; Provisions. - Sec. 50156. A resolution authorizing bonds to be issued under...

Section 324.50157 - Resolution Authorizing Bonds; Principal, Interest, Payment, and Security; Full Faith and Credit; Trustees. - Sec. 50157. (1) The bonds shall be payable and secured...

Section 324.50158 - Special Debt Service Reserve Fund; Creation; Purpose; Sources and Use of Money; Transfer of Income or Interest; Limitation on Approved Reserve Fund Requirement; Limitation on Issuance of Bonds. - Sec. 50158. (1) A district, with the approval of the...

Section 324.50159 - Statement of Liability on Face of Bond. - Sec. 50159. The state shall not be liable on bonds...

Section 324.50160 - Applicability of Part And Resolution; Enforcement of Duties; Recital in Bond as Evidence of Validity; Publication and Effective Date of Resolution. - Sec. 50160. (1) This part, and the resolution authorizing the...

Section 324.50161 - Refunding Bonds. - Sec. 50161. A district may issue its bonds to refund...

Section 324.50162 - Adoption of Bonds by Resolution of Majority of Board; Bonds Subject to Revised Municipal Finance Act. - Sec. 50162. The bonds of a district shall be authorized...

Section 324.50163 - Pledge and Lien of Pledge Valid and Binding; Recordation Not Required. - Sec. 50163. A pledge made by a district shall be...

Section 324.50164 - Liability on Bonds. - Sec. 50164. Neither the members of the board of a...

Section 324.50165 - Pledge and Agreement of State Not to Impair Rights and Remedies of Bondholders; Bonds as Negotiable Instruments; Bonds as Securities; Investment in Bonds. - Sec. 50165. (1) The state pledges and agrees with the...

Section 324.50166 - Exemption From Taxation. - Sec. 50166. The state covenants with the purchasers and all...

451-1994-III-2-4-THE-TIMBER-INDUSTRY-503 - Part 503 State Forest Products Industry Development Council (324.50301...324.50302)

Section 324.50301 - Duties of Departments of Agriculture and Rural Development and Natural Resources. - Sec. 50301. The departments of agriculture and rural development and...

Section 324.50302 - Annual Report. - Sec. 50302. The departments of agriculture and rural development and...

451-1994-III-2-4-THE-TIMBER-INDUSTRY-505 - Part 505 Michigan Forest Finance Authority (324.50501...324.50522)

Section 324.50501 - Purpose of Part. - Sec. 50501. The purpose of this part and of the...

Section 324.50502 - Definitions. - Sec. 50502. As used in this part: (a) "Authority" means...

Section 324.50503 - Michigan Forest Finance Authority; Creation; Exercise of Powers, Duties, and Functions; Handling of Funds. - Sec. 50503. The Michigan forest finance authority is created as...

Section 324.50504 - Board of Directors; Appointment; Terms; Oath; Vacancy; Persons Subject to MCL 15.321 to 15.330; Discharge of Duties; Policies and Procedures; Conducting Business at Public Meetings; Notice; Quorum; Actions of Board; Representative... - Sec. 50504. (1) The authority shall be governed by a...

Section 324.50505 - Election of Chairperson and Vice-Chairperson; State Forester as Executive Director; Qualifications, Duties, and Compensation of Employees; Delegation of Powers or Duties; Rights and Interests of Authority; Annual Report; Audits; R... - Sec. 50505. (1) The authority shall elect a chairperson and...

Section 324.50506 - Powers of Board. - Sec. 50506. Except as otherwise provided in this part, the...

Section 324.50507 - Financing Forest Management Operations and Practices; Application of Funds; Interim Procedure; Annual List of Activities and Practices; Projection of Probable Default; Contracts for Cutting and Sale of Timber; Forest Development F... - Sec. 50507. (1) The authority shall finance only forest management...

Section 324.50508 - Department as Agent for Authority; Conveyance of State's Interest in Contracts Granting Timber Cutting Rights; Deposit of Money Received; Conveyance of Title to Timber. - Sec. 50508. (1) Except as provided in section 50507(3), the...

Section 324.50509 - Bonds and Notes Generally; Expenses; Expenditures. - Sec. 50509. (1) The authority may authorize and issue its...

Section 324.50510 - Bonds or Notes; Purposes; Payment; Requirements; Signature of Board Member or Office of Authority; Sale of Bonds or Notes; Applicability of Other Laws; Interest Rate Agreement. - Sec. 50510. (1) The authority may issue from time to...

Section 324.50511 - Refunding Bonds or Notes. - Sec. 50511. (1) The authority may provide for the issuance...

Section 324.50512 - Security to Assure Timely Payment of Bond or Note. - Sec. 50512. (1) The authority may authorize and approve an...

Section 324.50513 - Bonds or Notes; Authority of Board Member, Executive Director, or Other Officer of Authority. - Sec. 50513. Within limitations that shall be contained in the...

Section 324.50514 - Resolution Authorizing Bonds or Notes; Provisions. - Sec. 50514. A resolution authorizing bonds or notes may provide...

Section 324.50515 - Pledge. - Sec. 50515. A pledge made by the authority shall be...

Section 324.50516 - Personal Liability on Bonds or Notes. - Sec. 50516. Neither the members of the authority nor any...

Section 324.50517 - Purchasing, Holding, Canceling, or Reselling Bonds or Notes. - Sec. 50517. The authority may purchase bonds or notes of...

Section 324.50518 - Rights and Remedies. - Sec. 50518. The state pledges to and agrees with the...

Section 324.50519 - Bonds or Notes as Legal Investments; Security. - Sec. 50519. Notwithstanding any restriction contained in any other law,...

Section 324.50520 - Property and Income of Authority; Exemption From Taxes and Special Assessments; Bonds or Notes Exempt From Taxation. - Sec. 50520. Property of the authority is public property devoted...

Section 324.50521 - Liberal Construction; Broad Interpretation. - Sec. 50521. This part shall be construed liberally to effectuate...

Section 324.50522 - Rules. - Sec. 50522. The authority may promulgate rules as necessary to...

451-1994-III-2-4-THE-TIMBER-INDUSTRY-507 - Part 507 Forest Management Demonstration Program (324.50701...324.50707)

Section 324.50701 - Conveyance by Department of Leasehold Interest in State-Owned Property to Certain Counties; Designation of Forest Lands to Be Leased; Maximum Term of Leasehold Interest; Renewal; Recreational Use of Property During Leasehold. - Sec. 50701. (1) In a county in which more than...

Section 324.50702 - Use of Leased Property; Purposes; Use and Disposition of Proceeds; Implementation of Forest Management Demonstration Program. - Sec. 50702. (1) The property leased pursuant to this part...

Section 324.50703 - County Forestry Committee; Creation; Appointment, Qualifications, and Terms of Members; Approval of Committee Actions; Vacancy. - Sec. 50703. A county forestry committee is created for purposes...

Section 324.50704 - Instrument Conveying Leasehold Interest; Approval by Attorney General. - Sec. 50704. An instrument conveying a leasehold interest in real...

Section 324.50705 - Conveyance to Provide for Use of Property; Termination of Lease. - Sec. 50705. The conveyance authorized by this part shall provide...

Section 324.50706 - Submission of Forest Management Plan. - Sec. 50706. Within 30 days after the execution of a...

Section 324.50707 - Conveyance of Leasehold. - Sec. 50707. A leasehold interest authorized by this part shall...

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Michigan Compiled Laws 451-1994-III-2-4 - Subchapter 4 Forests (324.50101...324.53519) 451-1994-III-2-4-THE-TIMBER-INDUSTRY - The Timber Industry (324.50101...324.50707)

Michigan Compiled Laws
451-1994-III-2-4 - Subchapter 4 Forests (324.50101...324.53519)
451-1994-III-2-4-THE-TIMBER-INDUSTRY - The Timber Industry (324.50101...324.50707)