Sec. 19501.
As used in this part:
(a) "Bonds" means the bonds issued under part 193 or former Act No. 326 of the Public Acts of 1988.
(b) "Fund" means the environmental protection bond fund created in section 19506.
(c) "Local unit of government" means a county, city, village, or township, or an agency of a county, city, village, or township; an authority or any other public body created by or pursuant to state law; or this state or an agency or department of this state.
(d) "Private entity" means an individual, trust, firm, partnership, corporation, or association, whether profit or nonprofit, that is not a local unit of government.
History: Add. 1995, Act 60, Imd. Eff. May 24, 1995 Popular Name: Act 451Popular Name: NREPA
Structure Michigan Compiled Laws
Chapter 324 - Natural Resources and Environmental Protection
Act 451 of 1994 - Natural Resources and Environmental Protection Act (324.101 - 324.90106)
Article II - Pollution Control (324.3101...324.21563)
451-1994-II-6 - Chapter 6 Environmental Funding (324.19101...324.19708)
451-1994-II-6-195 - Part 195 Environmental Protection Bond Implementation (324.19501...324.19513)
Section 324.19501 - Definitions.
Section 324.19502 - Legislative Finding and Declaration.
Section 324.19503 - Bonds; Requirements Generally.
Section 324.19504 - Bonds Negotiable; Tax Exemption.
Section 324.19505 - Bonds as Securities.
Section 324.19510 - Application for Grant or Loan; Form; Requirements.