Act 222 of 1975 - HIGHER EDUCATION LOAN AUTHORITY ACT (390.1151 - 390.1165)
- Section 390.1151 - Short title.
- Section 390.1152 - Definitions.
- Section 390.1153 - Authority; creation; autonomous entity; members; terms; quorum; action by authority; meetings.
- Section 390.1154 - Powers of authority.
- Section 390.1154a - Loans to students or parents of students; purpose; rules.
- Section 390.1155 - Bonds; purposes; general obligation of authority; determination; resolution; requirements; issuance subject to agency financing reporting act; interest rate exchange or agreement; e
- 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 390.1162 - Loans to students or parents of students; rules; basis of determining amount of loan; description of options; federally reinsured loans; variable repayment schedules; revised repaym
- Section 390.1163 - Personal liability.
- Section 390.1164 - Repealed. 1976, Act 163, Imd. Eff. June 21, 1976.
- Section 390.1165 - Effective date.