Michigan Compiled Laws
Chapter 12 - State Treasurer
Act 496 of 1988 - Unified Volume Limitation Allocation Act (12.111 - 12.124)

Section 12.111 - Short Title. - Sec. 1. This act shall be known and may be...

Section 12.112 - Definitions. - Sec. 2. As used in this act: (a) "Bonds" means...

Section 12.113 - Unified Volume Limitation and Allotment Thereof; Determination; Publication. - Sec. 3. Each year, the treasurer shall determine the unified...

Section 12.114 - Allotments to State and Municipal Issuers for Allocation; Reallotment; Division of Allotment Into Installments; Increase in Monthly Installments; Reserving Portion of Monthly Allotment; Pro Rata Reductions in Monthly Installments. - Sec. 4. (1) The treasurer shall allot 40% of the...

Section 12.115 - Request for Allocation; Attachment; Notice of Sale; Certification of Preliminary Proceedings. - Sec. 5. (1) A state or municipal issuer seeking to...

Section 12.116 - Requests for Allocations; Order of Consideration; Approval or Denial; Reason for Denial; Steps to Maintain Orderly Application and Allocation Process; Instances in Which Request May Be Denied; When Request Considered Filed or Receive... - Sec. 6. (1) Except as provided by subsection (3), the...

Section 12.117 - Allocation Order; Requirements; Reversion; Allocation Not Transferable Between Issuers; Use of Allocation; Validity of Order; Request for Extension. - Sec. 7. (1) An allocation order shall allocate the principal...

Section 12.118 - Invalidation of Request or Allocation; Notice of Changed Information; New Request for Allocation; Issuance of Bonds Before Receiving Allocation or Approval for Amendment to Allocation; Cancellation of Prior Allocation by Approval of... - Sec. 8. (1) A change in the facility to be...

Section 12.119 - Notice of Delivery of Issue of Bonds; Filing; Contents; Failure to File; Revocation and Invalidation of Allocation; Waiver of Revocation. - Sec. 9. (1) Within 10 calendar days after the expiration...

Section 12.120 - Order for Carryforward Allocation; Request for Carryforward Allocation; Form; Amount; Priorities; Election. - Sec. 10. (1) In addition to an allocation under section...

Section 12.121 - Records. - Sec. 11. (1) The treasurer shall maintain records of the...

Section 12.122 - State or Municipal Issuer Not Authorized to Issue Bonds. - Sec. 12. This act does not authorize a state issuer...

Section 12.123 - Allocations to Which Act Applicable; Ratification of Allocation; Revocation of Allocation; Formula for Allocating State Ceiling. - Sec. 13. (1) This act applies to allocations made against...

Section 12.124 - Repeal of MCL 125.1432c. - Sec. 14. Section 32c of Act No. 346 of the...