Act 49 of 2002 - MICHIGAN BROADBAND DEVELOPMENT AUTHORITY ACT (484.3201 - 484.3225)
- Section 484.3201 - Short title.
- Section 484.3202 - Legislative findings.
- Section 484.3203 - Definitions.
- Section 484.3204 - Michigan broadband development authority; creation; duties.
- Section 484.3205 - Administrative functions; performance under direction and supervision of state treasurer.
- Section 484.3206 - Board of directors; membership; service of representative in member's absence; compensation; chairperson; officers; quorum; voting; open meetings act; confidentiality; “trade se
- Section 484.3207 - Powers of authority.
- Section 484.3208 - Reserve capital account; creation; administration; credit of proceeds from sale of notes or bonds; capital reserve fund; creation; use; security arrangements; transfer of income or
- Section 484.3209 - Capital reserve fund; amount; deficiency; restoration; liability of state for notes or bonds.
- Section 484.3210 - Notes and bonds; issuance, renewal, and refund by authority.
- Section 484.3211 - Notes and bonds; issuance by resolution; form and terms; sale; prices.
- Section 484.3212 - Notes or bonds; contents of resolutions.
- Section 484.3213 - Money or property pledged and received by authority.
- Section 484.3214 - Notes or bonds; personal liability.
- Section 484.3215 - Notes or bonds; power of authority to purchase.
- Section 484.3216 - Rights of authority to fulfill terms of agreement not limited, altered, or impaired.
- Section 484.3217 - Notes or bonds as limited obligations.
- Section 484.3218 - Default.
- Section 484.3219 - Disposition of money held by authority.
- Section 484.3220 - Notes and bonds as securities; investment.
- Section 484.3221 - Full faith and credit bonds; issuance; vote.
- Section 484.3222 - Notes and bonds; exemption from tax.
- Section 484.3223 - Property; exemption from tax.
- Section 484.3224 - Annual report.
- Section 484.3225 - New partnerships or joint ventures; limitation.