Sec. 14.
This act and all powers granted hereby shall be liberally construed to effectuate its intent and their purposes, without implied limitations on the powers of the authority, the state budget director, and the state treasurer. This act shall constitute full, complete, and additional authority for all things that are contemplated in this act to be done. All rights and powers granted in this act shall be cumulative with those derived from other sources and shall not, except as expressly stated in this act, be construed in limitation of those rights and powers. Insofar as the provisions of this act are inconsistent with the provisions of any other act, general or special, the provisions of this act shall be controlling. If any clause, paragraph, section, or part of this act is adjudged by any court of competent jurisdiction to be invalid, that judgment shall not affect, impair, or invalidate the remainder of the clause, paragraph, section, or part but shall be applied in its operation to the clause, sentence, paragraph, section, or part directly involved in the controversy in which the judgment shall have been rendered.
History: 2005, Act 226, Imd. Eff. Nov. 21, 2005
Structure Michigan Compiled Laws
Act 226 of 2005 - Michigan Tobacco Settlement Finance Authority Act (129.261 - 129.279)
Section 129.261 - Short Title.
Section 129.262 - Legislative Findings and Declaration.
Section 129.263 - Definitions.
Section 129.265 - Authority; Duties; Administrative Functions.
Section 129.267 - Powers of Authority.
Section 129.269 - Obligations.
Section 129.271 - Duties of State Before Payment or Discharge of Bonds and Ancillary Facilities.
Section 129.272 - Effect of Bonds Issued Under Act.
Section 129.273 - Dissolution of Authority.
Section 129.274 - Construction of Act.
Section 129.275 - Availability of Funds.
Section 129.277 - Appropriation.