Sec. 20108a.
(1) The revitalization revolving loan fund is created within the state treasury.
(2) The state treasurer may receive money or other assets from any source for deposit into the revitalization revolving loan fund. The state treasurer shall direct the investment of the revitalization revolving loan fund. The state treasurer shall credit to the revitalization revolving loan fund interest and earnings from revitalization revolving loan fund investments.
(3) An unexpended balance within the revitalization revolving loan fund at the close of the fiscal year shall be carried forward to the following fiscal year.
(4) The department shall annually submit to the governor a request for a lump-sum appropriation from the revitalization revolving loan fund for loans pursuant to the revitalization revolving loan program under section 20108b.
(5) The department shall expend money from the revitalization revolving loan fund, upon appropriation, only for the revitalization loan program created in section 20108b.
History: Add. 1996, Act 380, Imd. Eff. July 24, 1996 Popular Name: Act 451Popular Name: Environmental RemediationPopular Name: Environmental Response ActPopular 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-7 - Chapter 7 Remediation (324.20101...324.20519)
451-1994-II-7-201 - Part 201 Environmental Remediation (324.20101...324.20142)
Section 324.20101 - Definitions.
Section 324.20101a - Participation in Management of Facility by Lender; “Workout” Defined.
Section 324.20101c - Property With Deposit of Stamp Sands; Regulation.
Section 324.20102 - Legislative Finding and Declaration.
Section 324.20103 - Federal Assistance.
Section 324.20105 - Repealed. 2010, Act 228, Imd. Eff. Dec. 14, 2010.
Section 324.20106 - Level of Funding; Recommendation of Governor.
Section 324.20107 - Tearing Down, Removing, or Destroying Sign or Notice as Misdemeanor; Penalty.
Section 324.20108b - Revitalization Revolving Loan Program.
Section 324.20109 - Repealed. 1996, Act 380, Imd. Eff. July 24, 1996.
Section 324.20109a - Repealed. 2010, Act 228, Imd. Eff. Dec. 14, 2010.
Section 324.20110, 324.20111 - Repealed. 1996, Act 380, Imd. Eff. July 24, 1996.
Section 324.20112 - Repealed. 1995, Act 71, Imd. Eff. June 5, 1995.
Section 324.20112b - Repealed. 2018, Act 237, Eff. Sept. 25, 2018.
Section 324.20114d - No Further Action Report.
Section 324.20114e - Response Activity Review Panel.
Section 324.20114f - Certificate of Completion.
Section 324.20114g - Documentation of Due Care Compliance.
Section 324.20115b - Release From Disposal Area; Corrective Actions; Exception.
Section 324.20118 - Response Activity; Remedial Action; Purposes; Selection or Approval; Conditions.
Section 324.20120 - Selection of Remedial Action; Factors.
Section 324.20120a - Cleanup Criteria; Response Activity Plan; Departmental Duties; Rules.
Section 324.20120b - Numeric or Nonnumeric Site-Specific Criteria.
Section 324.20120c - Relocation of Contaminated Soil.
Section 324.20120e - Response Activity Providing for Venting Groundwater; Definitions.
Section 324.20120f - Vapor Intrusion; Evaluation and Management Methods.
Section 324.20121 - Land or Resource Use Restrictions; Restrictive Covenants or Other Instruments.
Section 324.20122-324.20125 - Repealed. 1995, Act 71, Imd. Eff. June 5, 1995.
Section 324.20126 - Liability Under Part.
Section 324.20127 - Repealed. 1995, Act 71, Imd. Eff. June 5, 1995.
Section 324.20129a - Repealed. 2010, Act 228, Imd. Eff. Dec. 14, 2010.
Section 324.20130 - Indemnification, Hold Harmless, or Similar Agreement or Conveyance; Subrogation.
Section 324.20131 - Limitations on Liability; Circumstances Requiring Total Costs and Damages.
Section 324.20132 - Covenant Not to Sue Generally; Future Enforcement Action.
Section 324.20134 - Consent Order; Settlement.
Section 324.20134a - Repealed. 1995, Act 71, Imd. Eff. June 5, 1995.
Section 324.20135a - Access to Property; Action by Court.
Section 324.20136 - Repealed. 1995, Act 71, Imd. Eff. June 5, 1995.
Section 324.20140 - Limitation Periods; Effect of Subsection (3).
Section 324.20141 - Repealed. 1995, Act 71, Imd. Eff. June 5, 1995.
Section 324.20142 - Compliance as Bar to Certain Claims; Exceptions.