Sec. 1.
This act shall be known and may be cited as the "higher education loan authority act".
History: 1975, Act 222, Eff. Oct. 1, 1975 Compiler's Notes: For transfer of powers and duties of Michigan higher education student loan authority to Michigan finance authority, see E.R.O. No. 2010-2, compiled at MCL 12.194
Structure Michigan Compiled Laws
Chapter 390 - Universities and Colleges
Act 222 of 1975 - Higher Education Loan Authority Act (390.1151 - 390.1165)
Section 390.1151 - Short Title.
Section 390.1152 - Definitions.
Section 390.1154 - Powers of Authority.
Section 390.1154a - Loans to Students or Parents of Students; Purpose; Rules.
Section 390.1156 - Bonds; Pledge and Agreement of State.
Section 390.1157 - Bonds as Investment Securities.
Section 390.1158 - Disposition of Moneys of Authority; Contracts With Holders of Bonds; Audit.
Section 390.1159 - Tax Exemptions; Bonds and Interest Coupons Negotiable; Registration of Bonds.
Section 390.1160 - Pledge by Authority; Lien of Pledge; Recording Not Required.
Section 390.1161 - Default; Appointment and Powers of Trustee; Rights of Bondholders and Trustee.
Section 390.1163 - Personal Liability.
Section 390.1164 - Repealed. 1976, Act 163, Imd. Eff. June 21, 1976.