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Statutes > Michigan Statutes > Chapter 324 - NATURAL RESOURCES AND ENVIRONMENTAL PROTECTION > Act 451 of 1994 - NATURAL RESOURCES AND ENVIRONMENTAL PROTECTION ACT (324.101 - 324.90106) > 451-1994-II - 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)

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 324.19506 - Environmental protection bond fund; creation; composition; restricted subaccounts.
  • Section 324.19507 - Disposition and allocation of bond proceeds; investment of fund; allocation and disposition of interest and earnings; transfer of repayments of principal and interest; disposition
  • Section 324.19508 - Use of money in fund allocated under MCL 324.19507; expenditures; recovery and retention of funds by eligible community; contents and submission of list of projects; appropriations
  • Section 324.19509 - Grant and loan programs; rules; maximum participation; considerations in making grant a loan; interest; applicability.
  • Section 324.19510 - Application for grant or loan; form; contents.
  • Section 324.19511 - Conditions to making grant or loan.
  • Section 324.19512 - Recipient of grant or loan; conditions; noncompliance; recovery of grant; withholding grant or loan.
  • Section 324.19513 - Rules generally.




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