Sec. 51.
The fund shall establish and operate a center for loan insurance.
History: 1984, Act 270, Eff. Mar. 29, 1985 Compiler's Notes: For transfer of the Michigan strategic fund from department of treasury to department of talent and economic development, and transfer of powers and duties of board of directors of Michigan strategic fund to new board of directors, see E.R.O. No. 2014-6, compiled at MCL 125.1995.Popular Name: Strategic Fund
Structure Michigan Compiled Laws
Chapter 125 - Planning, Housing, and Zoning
Act 270 of 1984 - Michigan Strategic Fund Act (125.2001 - 125.2094)
270-1984-5 - Chapter 5 (125.2051...125.2058)
Section 125.2051 - Center for Loan Insurance; Establishment and Operation.
Section 125.2052 - Loan Insurance Account; Payments Into Accounts; Transfer of Money.
Section 125.2053 - Powers of Fund Through Center for Loan Insurance.
Section 125.2054 - Contract of Insurance.
Section 125.2055 - Insurance, Guarantees, or Letters of Credit; Limitation; Paramount Priority.