reglab/housing_qa huggingface dataset:
MI Comp L § 21.48 (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 71 of 1919 - Uniform System of Accounting (21.41 - 21.55)|Section 21.48 - Accounting System; Adoption by County Officers Mandatory; Refusal; Penalties.

21.48 Accounting system; adoption by county officers mandatory; refusal; penalties. Sec. 8.  The executive officer of each county office shall adopt and use the books, forms, records and systems of accounting and reporting prescribed by the state treasurer and shall promptly purchase the books, forms, and records as may be necessary to implement their use, in the manner now provided by law for the purchase of those articles. Refusal or neglect on the part of any county officer to provide the books, forms, or records, or to use them, or to make the reports required by this act, or keep the accounts of his or her office as directed by the state treasurer, is sufficient cause for his or her removal from office by the governor. If, after the uniform accounting system has been installed in any county, it becomes necessary for an examiner employed under this act to perform any service, which a county officer has neglected or refused to do, in order to properly continue the system, then the per diem and expense incurred is a proper charge against the county where the service was performed. A statement covering that per diem and expense may be forwarded by the state treasurer to the county clerk who shall immediately issue his or her warrant upon the county treasurer who shall pay it from the general fund of the county. Money so received by the state shall be paid into the state treasury to the credit of the general fund. History: 1919, Act 71, Imd. Eff. Apr. 15, 1919 ;-- Am. 1921, Act 187, Imd. Eff. May 17, 1921 ;-- CL 1929, 306 ;-- CL 1948, 21.48 ;-- Am. 2002, Act 370, Imd. Eff. May 24, 2002
MI Comp L § 21.49 (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 71 of 1919 - Uniform System of Accounting (21.41 - 21.55)|Section 21.49 - Accounting System; Removal for Noncompliance; Hearing.

21.49 Accounting system; removal for noncompliance; hearing. Sec. 9.  The governor may, and he or she shall upon a finding of guilt, remove from office the officer of any branch of the state government, or county government, who refuses or willfully neglects to keep the accounts of his or her office in the manner and form prescribed by the state treasurer, or to make the reports provided in this act, or who refuses or neglects to comply with any other requirements of this act. The state treasurer shall promptly report to the governor each refusal or neglect and the governor, before taking final action on that report, shall summons the officer complained against to make answer why he or she should not be removed from office. History: 1919, Act 71, Imd. Eff. Apr. 15, 1919 ;-- CL 1929, 308 ;-- CL 1948, 21.49 ;-- Am. 2002, Act 370, Imd. Eff. May 24, 2002
MI Comp L § 21.50 (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 71 of 1919 - Uniform System of Accounting (21.41 - 21.55)|Section 21.50 - Accounting System; Audit of Department of Treasury.

21.50 Accounting system; audit of department of treasury. Sec. 10.  The department of treasury shall be audited by the auditor general as provided by law. History: 1919, Act 71, Imd. Eff. Apr. 15, 1919 ;-- CL 1929, 309 ;-- CL 1948, 21.50 ;-- Am. 2002, Act 370, Imd. Eff. May 24, 2002
MI Comp L § 21.51 (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 71 of 1919 - Uniform System of Accounting (21.41 - 21.55)|Section 21.51 - Giving or Offering to Examiner or Other Employee Money, Gift, Emolument, or Thing of Value; Purposes; Misdemeanor; Penalty.

21.51 Giving or offering to examiner or other employee money, gift, emolument, or thing of value; purposes; misdemeanor; penalty. Sec. 11.  Any person who gives or offers to any examiner, accountant, clerk, or other employee of the department of treasury, any money, gift, emolument, or thing of value for the purpose of influencing the action of the examiner or other employee, in any matter relating to the examination of any public account authorized by this act, or for the purpose of preventing or delaying the examination of any public account, or for the purpose of influencing the action of the examiner or other employee, in framing, changing, withholding, or delaying any report of any examination of any public account is guilty of a misdemeanor, punishable by a fine of not more than $1,000.00 nor less than $200.00, or imprisonment for not more than 6 months and not less than 30 days, or both. History: 1919, Act 71, Imd. Eff. Apr. 15, 1919 ;-- CL 1929, 310 ;-- CL 1948, 21.51 ;-- Am. 1985, Act 48, Imd. Eff. June 14, 1985 ;-- Am. 2002, Act 370, Imd. Eff. May 24, 2002
MI Comp L § 21.52 (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 71 of 1919 - Uniform System of Accounting (21.41 - 21.55)|Section 21.52 - Receiving or Soliciting Money, Gift, Emolument, or Anything of Value; Purposes; Misdemeanor; Penalty.

21.52 Receiving or soliciting money, gift, emolument, or anything of value; purposes; misdemeanor; penalty. Sec. 12.  Any person appointed by the state treasurer to make the examinations provided for under this act, or any officer, clerk, or other employee of the state treasurer, who receives or solicits any money, gift, emolument, or anything of value for the purpose of being influenced in the matter of the examination of any public account authorized by this act, or for the purpose of being influenced to prevent or delay the examination of any public account, is guilty of a misdemeanor, punishable by a fine of not more than $1,000.00 and not less than $200.00, or imprisonment for not more than 6 months and not less than 30 days, or both. History: 1919, Act 71, Imd. Eff. Apr. 15, 1919 ;-- CL 1929, 311 ;-- CL 1948, 21.52 ;-- Am. 1985, Act 48, Imd. Eff. June 14, 1985 ;-- Am. 2002, Act 370, Imd. Eff. May 24, 2002
MI Comp L § 21.53 (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 71 of 1919 - Uniform System of Accounting (21.41 - 21.55)|Section 21.53 - Repealed. 2002, Act 370, Imd. Eff. May 24, 2002.

21.53 Repealed. 2002, Act 370, Imd. Eff. May 24, 2002. Compiler's Notes: The repealed section pertained to biennial estimate of expenses by auditor general or budget commission.
MI Comp L § 21.54 (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 71 of 1919 - Uniform System of Accounting (21.41 - 21.55)|Section 21.54 - Repealed. 1984, Act 431, Eff. Mar. 29, 1985.

21.54 Repealed. 1984, Act 431, Eff. Mar. 29, 1985.  Compiler's Notes: The repealed section pertained to monthly financial reports.
MI Comp L § 21.55 (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 71 of 1919 - Uniform System of Accounting (21.41 - 21.55)|Section 21.55 - Definitions.

21.55 Definitions. Sec. 15.  As used in this act:  (a) “Depository library” means a depository library designated under section 10 of the library of Michigan act, Act No. 540 of the Public Acts of 1982, being section 397.20 of the Michigan Compiled Laws.  (b) “Derivative instrument or product” means either of the following, subject to subdivision (c):  (i) A contract or convertible security that changes in value in concert with a related or underlying security, future, or other instrument or index; or that obtains much of its value from price movements in a related or underlying security, future, or other instrument or index; or both.  (ii) A contract or security, such as an option, forward, swap, warrant, or a debt instrument with 1 or more options, forwards, swaps, or warrants embedded in it or attached to it, the value of which contract or security is determined in whole or in part by the price of 1 or more underlying instruments or markets.  (c) “Derivative instrument or product” does not mean a fund created pursuant to the surplus funds investment pool act, Act No. 367 of the Public Acts of 1982, being sections 129.111 to 129.118 of the Michigan Compiled Laws, or section 1223 of the revised school code, Act No. 451 of the Public Acts of 1976, being section 380.1223 of the Michigan Compiled Laws.  (d) “Library of Michigan” means the library of Michigan created under section 3 of Act No. 540 of the Public Acts of 1982, being section 397.13 of the Michigan Compiled Laws. History: Add. 1996, Act 426, Imd. Eff. Nov. 25, 1996
MI Comp L § 21.71 (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 206 of 1881 - Regulation of State Institutions (21.71 - 21.79)|Section 21.71 - State Institutions; Definition.

21.71 State institutions; definition. Sec. 1.  That all educational, charitable, reformatory and penal institutions, supported wholly or in part by the state, shall be known as state institutions. History: 1881, Act 206, Eff. Sept. 10, 1881 ;-- How. 412 ;-- CL 1897, 2223 ;-- CL 1915, 1936 ;-- CL 1929, 426 ;-- CL 1948, 21.71
MI Comp L § 21.72-21.76 (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 206 of 1881 - Regulation of State Institutions (21.71 - 21.79)|Section 21.72-21.76 - Repealed. 1962, Act 18, Eff. Mar. 28, 1963.

21.72-21.76 Repealed. 1962, Act 18, Eff. Mar. 28, 1963. Compiler's Notes: The repealed sections provided for uniform regulation of certain state institutions.
MI Comp L § 21.76a (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 206 of 1881 - Regulation of State Institutions (21.71 - 21.79)|Section 21.76a - Contracts for Televising Affairs of State Institutions; Provisions for General Transmission.

21.76a Contracts for televising affairs of state institutions; provisions for general transmission. Sec. 6a.  No state institution, or any state board, division or department, shall enter into any contract for the televising or phonovising of any of its programs, affairs or events under which contract the programs, affairs or events are to be used as entertainment for which a fee is charged unless provision is also made in such contract for the transmission at the same time of the same programs, affairs, or events to television owners generally in this state. History: Add. 1951, Act 143, Eff. Sept. 28, 1951
MI Comp L § 21.77-21.79 (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 206 of 1881 - Regulation of State Institutions (21.71 - 21.79)|Section 21.77-21.79 - Repealed. 1962, Act 18, Eff. Mar. 28, 1963.

21.77-21.79 Repealed. 1962, Act 18, Eff. Mar. 28, 1963. Compiler's Notes: The repealed sections required approval for plans for certain state institutions and for keeping accounts.
MI Comp L § 21.101-21.109 (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 258 of 1941 - State Funds; Accounting (21.101 - 21.112)|Section 21.101-21.109 - Repealed. 1984, Act 431, Eff. Mar. 29, 1985.

21.101-21.109 Repealed. 1984, Act 431, Eff. Mar. 29, 1985. Compiler's Notes: The repealed sections pertained to merging, transferring, and accounting of various funds.
MI Comp L § 21.110 (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 258 of 1941 - State Funds; Accounting (21.101 - 21.112)|Section 21.110 - State Treasurer's Common Cash Fund; Assets and Liabilities.

21.110 State treasurer's common cash fund; assets and liabilities. Sec. 10.  The assets of the state treasurer's common cash fund shall consist of:  (a) Such remaining cash of the several state funds as may have been deposited by the state treasurer in 1 or more common bank depositories commingled with the cash of any other fund or funds in such depositories or held by the state treasurer for eventual deposit in such depositories.  (b) The cash overdrafts due from such state funds for which expenditures from such commingled depositories had exceeded the cash deposited or placed to their respective credit in such depositories.  The liabilities of the state treasurer's common cash fund shall comprise the equities of such state funds for which the aggregate of the cash deposited or placed to their respective credit in the state treasurer's common cash fund has exceeded the cash expended for their account therefrom. History: 1941, Act 258, Imd. Eff. June 17, 1941 ;-- CL 1948, 21.110
MI Comp L § 21.111, 21.112 (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 258 of 1941 - State Funds; Accounting (21.101 - 21.112)|Section 21.111, 21.112 - Repealed. 1984, Act 431, Eff. Mar. 29, 1985.

21.111, 21.112 Repealed. 1984, Act 431, Eff. Mar. 29, 1985. Compiler's Notes: The repealed sections pertained to financial statements for 1941 and to authority of controller.
MI Comp L § 21.142 (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 105 of 1855 - Surplus Funds in Treasury (21.141 - 21.147)|Section 21.142 - Repealed. 2006, Act 228, Imd. Eff. June 26, 2006.

21.142 Repealed. 2006, Act 228, Imd. Eff. June 26, 2006. Compiler's Notes: The repealed section pertained to use of surplus funds to make loans to qualified corporations.
MI Comp L § 21.142c (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 105 of 1855 - Surplus Funds in Treasury (21.141 - 21.147)|Section 21.142c - Investment of Surplus Funds; Public Purpose; Earnings; Losses; Limitation.

21.142c Investment of surplus funds; public purpose; earnings; losses; limitation. Sec. 2c.  (1) The state treasurer may invest surplus funds under the control of the state treasurer in undivided participating interests in loans the principal of which is in whole or in part guaranteed or otherwise considered an evidence of indebtedness of the United States government or its agencies, to the extent the investment in an undivided participating interest in loans does not exceed that portion of the loan amount guaranteed or otherwise considered an evidence of indebtedness of the United States government or its agencies.   (2) An investment made under this section is found and declared to be for a valid public purpose.   (3) Earnings from an investment made pursuant to this section in excess of the average rate of interest earned during the same period on other surplus funds, other than surplus funds invested pursuant to section 1, 2, 2a, or 2b, shall be credited to the general fund of the state. If interest from an investment made pursuant to this section is below the average rate of interest earned during the same period on other surplus funds, other than surplus funds invested pursuant to section 1, 2, 2a, or 2b, the general fund shall be reduced by the amount of the deficiency on an amortized basis over the remaining term of the investment. A loss of principal from an investment made pursuant to this section shall reduce the earnings on the general fund by the amount of that loss on an amortized basis over the remaining term of the investment.  (4) Investments made pursuant to this section shall not be outstanding at any 1 time in an amount in excess of $100,000,000.00. History: Add. 1990, Act 360, Imd. Eff. Dec. 27, 1990
MI Comp L § 21.142e (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 105 of 1855 - Surplus Funds in Treasury (21.141 - 21.147)|Section 21.142e - Loan of Surplus Funds to Sugar Beet Growers' Cooperative.

21.142e Loan of surplus funds to sugar beet growers' cooperative.Sec. 2e.  (1) The state treasurer may loan not more than $5,000,000.00 in surplus funds, without interest, to sugar beet growers' cooperatives for the purpose of purchasing the assets of 1 or more agricultural processors if all of the following conditions are met:  (a) The agricultural processor employs at least 300 full-time employees and 1,000 seasonal employees and is in bankruptcy proceedings or was in bankruptcy proceedings at any time during the 1-year period preceding the date of the loan.  (b) The loan amount does not exceed 10% of the total purchase price of the agricultural processor's assets.  (c) The loan is for a period not to exceed 10 years.  (2) In addition to the conditions provided in subsection (1), the state treasurer may prescribe additional terms of a loan issued under this section.  (3) In the case of a loan executed under subsection (1), the state treasurer, as part of the modification of the loan, shall subordinate the loan to the primary loan of the sugar beet growers' cooperative and shall relinquish any enforcement powers or authority that may exist under the current contract or agreement. The modification shall be for not more than a $5,000,000.00 loan to a sugar beet growers' cooperative for the purpose of purchasing the assets of 1 or more agricultural processors that employ at least 300 full-time employees and 1,000 seasonal employees. However, the modification agreement for the loan extension provided for by the amendatory act that added this sentence shall provide that if a quarterly payment is missed by the borrower after February 15, 2007, the entire loan is in default and is due and payable immediately, in full.  (4) As used in this section, "sugar beet growers' cooperative" means a farmer owned cooperative comprised of sugar beet growers who own the assets of the cooperative and use the cooperative's services or processing equipment. History: Add. 2001, Act 123, Imd. Eff. Oct. 8, 2001 ;-- Am. 2004, Act 342, Imd. Eff. Sept. 28, 2004 ;-- Am. 2007, Act 4, Imd. Eff. Mar. 22, 2007
MI Comp L § 21.142f (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 105 of 1855 - Surplus Funds in Treasury (21.141 - 21.147)|Section 21.142f - Investment in Loans to Land Bank Fast Track Authority or Brownfield Redevelopment Authority; Terms; Definitions.

21.142f Investment in loans to land bank fast track authority or brownfield redevelopment authority; terms; definitions. Sec. 2f.  (1) The state treasurer may invest surplus funds in loans to a land bank fast track authority or a brownfield redevelopment authority at the market rate of interest, as determined by the state treasurer, for the purpose of clearing or quieting title to tax reverted property held by or under the control of an authority or for any other purpose that the land bank fast track authority or brownfield redevelopment authority is authorized to undertake with respect to property transferred to a land bank fast track authority or over which a land bank fast track authority may exercise its authority.  (2) A loan made to a land bank fast track authority or a brownfield redevelopment authority under this section shall not be for a period of more than 10 years as determined by the state treasurer. All other terms of the loan, including security required for the loan, if any, shall be prescribed by the state treasurer.  (3) As used in this section:  (a) “Brownfield redevelopment authority” means an authority created under the brownfield redevelopment financing act, 1996 PA 381, MCL 125.2651 to 125.2672.  (b) “Land bank fast track authority” means an authority created under the land bank fast track act.  (c) “Tax reverted property” means that term as defined in the land bank fast track act. History: Add. 2003, Act 262, Imd. Eff. Jan. 5, 2004
MI Comp L § 21.144 (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 105 of 1855 - Surplus Funds in Treasury (21.141 - 21.147)|Section 21.144 - Liability of State Treasurer and His or Her Bail; Loans Not Subject to Certain Acts.

21.144 Liability of state treasurer and his or her bail; loans not subject to certain acts. Sec. 4.  (1) Nothing contained in this act shall be held or considered to change or affect the liability of the state treasurer or his or her bail, on his or her bond to this state.  (2) Loans made under this act are not subject to the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821.  (3) Loans made under this act are subject to the agency financing reporting act, 2002 PA 470, MCL 129.171 to 129.177. History: 1855, Act 105, Eff. May 15, 1855 ;-- CL 1857, 275 ;-- CL 1871, 354 ;-- How. 399 ;-- CL 1897, 1190 ;-- CL 1915, 290 ;-- CL 1929, 349 ;-- CL 1948, 21.144 ;-- Am. 2003, Act 262, Imd. Eff. Jan. 5, 2004
MI Comp L § 21.145 (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 105 of 1855 - Surplus Funds in Treasury (21.141 - 21.147)|Section 21.145 - Compliance With Divestment From Terror Act.

21.145 Compliance with divestment from terror act.Sec. 5.  The state treasurer shall comply with the divestment from terror act, 2008 PA 234, MCL 129.291 to 129.301, in making investments under this act. History: Add. 2008, Act 271, Imd. Eff. Sept. 29, 2008 Compiler's Notes: Former MCL 21.145, which pertained to financial institutions failing to comply with certain requirements, was repealed by Act 32 of 1997, Imd. Eff. June 19, 1997.
MI Comp L § 21.146 (2021)
2021 Michigan Compiled Laws|Chapter 21 - Budget and State Accounts|Act 105 of 1855 - Surplus Funds in Treasury (21.141 - 21.147)|Section 21.146 - Illegal Discriminatory Lending Practice; Determination Regarding Deposit of Additional Surplus Funds; Considerations; Commencement Date and Duration of Prohibition; Determination Subject to MCL 24.201 Et Seq.

21.146 Illegal discriminatory lending practice; determination regarding deposit of additional surplus funds; considerations; commencement date and duration of prohibition; determination subject to MCL 24.201 et seq. Sec. 6.  (1) If a financial institution is found by a state or federal agency having jurisdiction over that financial institution, or a court having jurisdiction over that financial institution, to have engaged in an illegal discriminatory lending practice relating to a mortgage loan or home improvement loan application, the commissioner, if the commissioner considers it appropriate, shall within 30 days after receipt of written notice that the finding has become final, initiate a proceeding under this act. The purpose of the proceeding shall be to determine whether additional surplus funds belonging to the state shall be deposited in that financial institution. In making the determination, the commissioner shall consider the nature of the violation, the action taken by the financial institution to insure that the violation shall not be repeated, and the record of the financial institution in complying with laws prohibiting discriminatory lending practices relating to a mortgage loan or a home improvement loan application. The commissioner shall not make a determination adverse to the financial institution based on an unintentional, isolated, or technical illegal discriminatory lending practice. If the commissioner determines that additional surplus funds belonging to the state shall not be deposited in that financial institution, then the commissioner also shall determine during the same proceeding, the commencement date and duration of the prohibition, which shall not exceed 2 years.  (2) The determination of the commissioner under this act shall be subject to Act No. 306 of the Public Acts of 1969, as amended, being sections 24.201 to 24.315 of the Michigan Compiled Laws. History: Add. 1979, Act 88, Imd. Eff. Aug. 1, 1979