Michigan Compiled Laws
270-1984-6 - Chapter 6 (125.2061...125.2069a)
Section 125.2067 - Independent Program Audit.

Sec. 67.
A certified minority venture capital company and a certified MESBIC shall have an independent program audit annually performed by a certified public accountant. The fund may visit and examine a certified minority venture capital company or a certified MESBIC and may delegate the authority to visit and examine to the commissioner of the financial institutions bureau.
History: 1984, Act 270, Eff. Mar. 29, 1985 Popular Name: Strategic Fund

<< Previous

Next >>

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 125 - Planning, Housing, and Zoning

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.

Section 125.2062 - Center for Minority Venture Capital; Establishment and Operation.

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.

Section 125.2064 - Considerations Prior to Certification.

Section 125.2065 - Percentage of Venture Capital Investments; Encouraging Certified Mesbic to Meet Investment Requirements; “Investment” Defined.