Section 125.2058 - Special fund; purpose.

MICHIGAN STRATEGIC FUND ACT (EXCERPT)
Act 270 of 1984

125.2058 Special fund; purpose.

Sec. 58.

The fund may establish a special fund or funds solely to secure some or all of its obligations within the center for loan insurance into which fees or premiums collected by the fund for loan, debenture, or lease insurance, guarantees, or letters of credit may be deposited.


History: 1984, Act 270, Eff. Mar. 29, 1985
Popular Name: Strategic Fund