Michigan Compiled Laws
Act 289 of 1976 - Financing of Student Loan Programs (390.1351 - 390.1356)
Section 390.1351 - Definitions.

Sec. 1.
As used in this act:
(a) "Board" means the body corporate controlling an institution of higher education which is named in sections 4, 5, or 6 of article 8 of the state constitution of 1963 or established by law, as therein provided.
(b) "Student loan" means a loan of the type described in section 3.
(c) "Student loan program" means the program for making loans to students described in section 3.
History: 1976, Act 289, Imd. Eff. Oct. 25, 1976

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 390 - Universities and Colleges

Act 289 of 1976 - Financing of Student Loan Programs (390.1351 - 390.1356)

Section 390.1351 - Definitions.

Section 390.1352 - MCL 141.2101 to 141.2821, 141.151 to 141.153, and 141.101 to 141.140 Inapplicable to Borrowing Under Act; Purpose of Act; Provisions Cumulative as to Powers of Board; Bonds and Notes Subject to Agency Financing Reporting Act.

Section 390.1353 - Methods of Making Student Loan.

Section 390.1354 - Financing of Student Loan Program; Bonds or Notes Generally; Capital Cost.

Section 390.1355 - Notes or Bonds as Negotiable Instruments.

Section 390.1356 - Bonds, Notes, or Contracts Neither Evidence of State Indebtedness nor Grant of State Credit; Payment of Bonds, Notes, or Contracts.