Michigan Compiled Laws
Act 198 of 2003 - Farm Produce Insurance Act (285.311 - 285.331)
Section 285.315 - Farm Produce Insurance Authority; Creation; Powers, Duties, and Functions.

Sec. 5.
The farm produce insurance authority is created as a public body corporate and politic. The authority is within, but not a part of, the department. The authority shall exercise its prescribed statutory powers, duties, and functions independently of the director, the department, and the commission of agriculture. The budgeting, procurement, and related functions of the authority shall be performed under the direction and supervision of the board.
History: 2003, Act 198, Imd. Eff. Nov. 10, 2003

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 285 - Agriculture

Act 198 of 2003 - Farm Produce Insurance Act (285.311 - 285.331)

Section 285.311 - Short Title.

Section 285.313 - Definitions.

Section 285.315 - Farm Produce Insurance Authority; Creation; Powers, Duties, and Functions.

Section 285.317 - Board of Directors; Membership; Terms; Vacancy; Quorum; Meetings; Notice; Waiver of Objection; Duties; Powers; Compensation; Inspection of Books and Records; Confidentiality; Disclosure.

Section 285.318 - Conduct of Business at Public Meetings; Public Notice; Disclosure of Information.

Section 285.319 - Farm Produce Insurance Fund; Establishment; Payments; Allocation for Administrative Expenses; Payment for Legal Services and Expenses; Investments; Compliance Review of Investment Portfolio; Audit; Establishment of Fiscal Year; "Fin...