Sec. 3.
The Michigan farm export loan program is created and shall be administered by the department for the purpose of enhancing and promoting the export sale of agricultural commodities and products of the state by making it possible for buyers to purchase on credit terms.
History: 1990, Act 359, Imd. Eff. Dec. 27, 1990
Structure Michigan Compiled Laws
Act 359 of 1990 - Michigan Farm Export Act (447.201 - 447.207)
Section 447.201 - Short Title.
Section 447.202 - Definitions.
Section 447.203 - Michigan Farm Export Loan Program; Creation; Administration; Purpose.
Section 447.204 - Duties of Director.
Section 447.205 - Loan Requirements.