Act 157 of 1986 - MICHIGAN EXPORT DEVELOPMENT ACT (447.151 - 447.168)
- Section 447.151 - Short title.
- Section 447.152 - Definitions.
- Section 447.153 - Michigan export development authority; creation; budgeting, procurement, and related functions; purpose of authority.
- Section 447.154 - Board of directors; appointment, qualifications, and terms of members; vacancy; oath or affirmation; reimbursement for expenses; election of chairperson, vice-chairperson, secretary,
- Section 447.155 - Effect of vacancy in membership of board; authorization and effective date of action by board; delegation of powers and duties; liability or accountability on contract, commitment, o
- Section 447.156 - Conducting business at public meeting; notice; availability of writings to public; confidentiality.
- Section 447.157 - Powers of authority generally.
- Section 447.158 - Guarantee or export insurance for eligible export transaction; requirements; fees; determinations; condition to provision of guarantee or export insurance.
- Section 447.158a - Grant to non-profit organization; purposes.
- Section 447.159 - Bonds generally.
- Section 447.160 - Bonds and notes generally.
- Section 447.161 - Bonds or security agreement; resolution; trustee or depository.
- Section 447.162 - Bonds; refunding.
- Section 447.163 - Proceeds from sale of bonds; application; export development bond fund as separate fund; investments and earnings.
- Section 447.164 - Tax exemptions generally.
- Section 447.165 - Additional tax exemptions.
- Section 447.166 - Insurance fund; insurance pledged as security.
- Section 447.167 - Bonds, debentures, notes, or other evidence of indebtedness as securities; investment; deposit.
- Section 447.168 - Annual report; contents; examination; audit.