reglab/housing_qa huggingface dataset:
MI Comp L § 388.938 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 151 of 1955 - State Loans to School Districts (388.931 - 388.938)|Section 388.938 - State Loans to School Districts; Qualification Fee; Rules and Regulations.

388.938 State loans to school districts; qualification fee; rules and regulations. Sec. 8.  Any school district applying for qualification of bonds, such bonds having been issued on or after May 4, 1955, shall pay a fee for such qualification, which fee shall be used toward defraying the administrative expenses in connection with this act. The fee shall be paid to the superintendent of public instruction within 30 days after the moneys obtained through the sale of bonds so qualified have been received by the treasurer of the board of education of the school district. The amount of the fee to be paid by the school district shall be based upon the total amount of the bond issue included in the application for qualification, and shall be determined by the superintendent of public instruction. The superintendent of public instruction shall prescribe necessary rules and regulations, in accordance with Act No. 88 of the Public Acts of 1943, as amended, being sections 24.71 to 24.82, inclusive, of the Compiled Laws of 1948, and subject to Act No. 197 of the Public Acts of 1952, as amended, being sections 24.101 to 24.110, inclusive, of the Compiled Laws of 1948. The amount of the fee to be charged to the school district may vary according to the amount of the bond issue, except that in no case shall this amount be less than $100.00, and the total amount to be charged to all school districts in any one fiscal year shall be approximately equal to the estimated administrative expenses in connection with this act for the same fiscal year. Upon failure of any school district to pay such qualification fee within the time specified, the superintendent of public instruction is hereby authorized to withhold the amount of such fee from the payment of state school aid money next due the district: Provided, That the provisions of this section shall not apply to any issue of school district bonds qualified by the superintendent of public instruction prior to July 1, 1956. History: Add. 1956, Act 96, Imd. Eff. Apr. 5, 1956
MI Comp L § 388.981a (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 112 of 1961 - State Loans to School Districts (388.981 - 388.985)|Section 388.981a - Issuance of Bonds by State Administrative Board.

388.981a Issuance of bonds by state administrative board. Sec. 1a.  The state administrative board may issue bonds, notes, or commercial paper to refund bonds, notes, or commercial paper issued under this act by the issuance of new bonds, notes, or commercial paper, whether or not the bonds, notes, or commercial paper to be refunded have matured or are subject to prior redemption. The state administrative board may issue bonds, notes, or commercial paper partly to refund bonds, notes, or commercial paper issued under this act and partly for any other purpose provided by this act. History: Add. 2000, Act 245, Imd. Eff. June 29, 2000
MI Comp L § 388.981b (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 112 of 1961 - State Loans to School Districts (388.981 - 388.985)|Section 388.981b - Security for Payment or Purchase of Bonds, Notes, or Commercial Paper; Authorization and Approval by State Administrative Board; Authority of State Treasurer or Deputy Treasurer.

388.981b Security for payment or purchase of bonds, notes, or commercial paper; authorization and approval by state administrative board; authority of state treasurer or deputy treasurer. Sec. 1b.  (1) The state administrative board may authorize and approve insurance contracts; agreements for lines of credit; letters of credit; commitments to purchase bonds, notes, or commercial paper; and any other transaction to provide security to assure timely payment or purchase of any bonds, notes, or commercial paper issued under this act. The state administrative board may authorize and approve an interest rate exchange or swap, hedge, or similar agreement or agreements in connection with the issuance of bonds, notes, or commercial paper issued under this act or in connection with outstanding bonds, notes, or commercial paper, or other obligations or evidence of indebtedness of this state under this act.  (2) The state administrative board may authorize the state treasurer or a deputy treasurer, but only within limitations that are contained in the authorizing resolution of the state administrative board, to do 1 or more of the following:  (a) Sell and deliver and receive payment for bonds, notes, or commercial paper issued under this act.  (b) Deliver bonds, notes, or commercial paper partly to refund bonds, notes, or commercial paper and partly for other authorized purposes.  (c) Select which outstanding bonds, notes, or commercial paper will be refunded, if any, by the new issue of bonds, notes, or commercial paper.  (d) Buy bonds, notes, or commercial paper issued under this act.  (e) Approve interest rates, if any, or methods for determining interest rates, including fixed or variable rates; prices; discounts; maturities; principal amounts; purchase prices; purchase dates; remarketing dates; denominations; dates of issuance; interest payment dates; redemption rights at the option of the state or the owner; the place and time of delivery and payment; and other matters and procedures necessary to complete the authorized transactions.  (f) Execute, deliver, and pay the cost of remarketing agreements; insurance contracts; agreements for lines of credit; letters of credit; commitments to purchase bonds, notes, or commercial paper; and any other transaction to provide security to assure timely payments or purchase of any bonds, notes, or commercial paper issued under this act.  (g) Determine the details of, execute, deliver, and pay the cost of any interest rate exchange or swap, hedge, or similar agreement or agreements. History: Add. 2000, Act 245, Imd. Eff. June 29, 2000
MI Comp L § 388.981c (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 112 of 1961 - State Loans to School Districts (388.981 - 388.985)|Section 388.981c - Bonds and Notes; Revised Municipal Finance Act Inapplicable; Agency Financing Reporting Act Applicable.

388.981c Bonds and notes; revised municipal finance act inapplicable; agency financing reporting act applicable. Sec. 1c.  (1) Bonds and notes issued under this act are not subject to the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821.  (2) The issuance of bonds or notes under this act is subject to the agency financing reporting act. History: Add. 2002, Act 449, Imd. Eff. June 17, 2002
MI Comp L § 388.982 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 112 of 1961 - State Loans to School Districts (388.981 - 388.985)|Section 388.982 - Sale of Refunding Bonds, Notes, or Commercial Paper; Disposition of Proceeds; Payment.

388.982 Sale of refunding bonds, notes, or commercial paper; disposition of proceeds; payment.Sec. 2.  The proceeds of sale of refunding bonds, notes, or commercial paper issued under this act shall be applied as determined by the state administrative board. The proceeds of sale of bonds, notes, or commercial paper issued under this act for the purpose of reimbursing this state or the Michigan finance authority shall be applied as determined by the state administrative board. The proceeds of sale of other bonds, notes, or commercial paper issued under this act shall be deposited in the school loan revolving fund established under section 16c of the shared credit rating act, 1985 PA 227, MCL 141.1066c, and shall be paid out in no other manner or for any other purpose than provided in section 16 of article IX of the state constitution of 1963 and laws enacted pursuant to that section. History: 1961, Act 112, Eff. Sept. 8, 1961 ;-- Am. 1963, 2nd Ex. Sess., Act 66, Eff. Jan. 1, 1964 ;-- Am. 1991, Act 64, Imd. Eff. July 3, 1991 ;-- Am. 2000, Act 245, Imd. Eff. June 29, 2000 ;-- Am. 2005, Act 94, Imd. Eff. July 20, 2005 ;-- Am. 2012, Act 438, Eff. Mar. 28, 2013
MI Comp L § 388.984 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 112 of 1961 - State Loans to School Districts (388.981 - 388.985)|Section 388.984 - Money Repaid by School Districts on Loans From School Loan Revolving Fund; Deposit; Assignment of Loans or Repayments on Loans.

388.984 Money repaid by school districts on loans from school loan revolving fund; deposit; assignment of loans or repayments on loans.Sec. 4.  Any money repaid by school districts on loans made from the school loan revolving fund established under section 16c of the shared credit rating act, 1985 PA 227, MCL 141.1066c, other than loans or repayments that have been assigned to this state by the Michigan finance authority, shall be deposited in the school loan revolving fund. Unless amounts on deposit in the school loan revolving fund are insufficient for the purpose of making loans to school districts, the state treasurer may satisfy the requirements of section 16 of article IX of the state constitution of 1963 and laws enacted pursuant to that section by causing loans to be made from the school loan revolving fund. The state treasurer may assign repayments on loans previously made from the school bond loan fund before July 20, 2005 to require the deposit of proceeds of sale to the school loan revolving fund. The state treasurer may accept the assignment to this state of loans or repayments on loans made from or payable to the school loan revolving fund. History: 1961, Act 112, Eff. Sept. 8, 1961 ;-- Am. 1963, 2nd Ex. Sess., Act 66, Eff. Jan. 1, 1964 ;-- Am. 1991, Act 28, Eff. Mar. 30, 1992 ;-- Am. 1991, Act 64, Imd. Eff. July 3, 1991 ;-- Am. 2005, Act 94, Imd. Eff. July 20, 2005 ;-- Am. 2012, Act 438, Eff. Mar. 28, 2013
MI Comp L § 388.985 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 112 of 1961 - State Loans to School Districts (388.981 - 388.985)|Section 388.985 - State Loans to School Districts; Notes.

388.985 State loans to school districts; notes. Sec. 5.  In addition to issuing bonds under section 1 for the purpose of making loans to school districts for the payment of principal and interest on school bonds heretofore or hereafter issued as provided by section 16 of article 9 of the state constitution, and legislation enacted to implement the constitutional provision, the state administrative board is authorized and empowered on behalf of the state of Michigan to borrow on a temporary basis from time to time upon the full faith and credit of this state, such sums of money as may be necessary therefor, and as evidence of such loan or loans, the state administrative board may by resolution direct and cause to be issued notes of the state of Michigan and to renew the same. The notes or any renewals thereof shall mature not more than 5 years from the date thereof and may be made redeemable prior to maturity at the option of the state administrative board at such times and in such a manner as shall be determined by the state administrative board. They shall bear interest at such a rate as may be approved by the state administrative board and shall be in the form approved by the state administrative board. The notes shall be executed for and on behalf of the state by the state treasurer. The notes issued under the provisions of this section may be sold at either public or private sale as shall be determined by the state administrative board. The principal of any notes or renewals thereof heretofore or hereafter issued pursuant to the provisions of this section may be paid either upon maturity or prior redemption from the proceeds of the sale of bonds issued pursuant to the provisions of section 1 to provide long-term financing of sums used for the purpose of making loans to school districts. History: 1961, Act 112, Eff. Sept. 8, 1961 ;-- Am. 1963, 2nd Ex. Sess., Act 66, Eff. Jan. 1, 1964 ;-- Am. 1971, Act 14, Imd. Eff. Apr. 28, 1971
MI Comp L § 388.996 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|E.R.O. No. 2000-6 - Executive Reorganization Order (388.996 - 388.996)|Section 388.996 - Rescinded. 2005, e.o. No. 2005-4, Eff. Feb. 15, 2005.

388.996 Rescinded. 2005, E.O. No. 2005-4, Eff. Feb. 15, 2005. Compiler's Notes: Executive Reorganization Order No. 2000-6 was promulgated on July 28, 2000, as Executive Order No. 2000-9, Eff. Sept. 28, 2000. This Executive Reorganization Order was rescinded by Executive Order No. 2005-4, Eff. Feb. 15, 2005.
MI Comp L § 388.1001 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 287 of 1964 - State Board of Education (388.1001 - 388.1017)|Section 388.1001 - State Board of Education; Succession to Powers; Right to Records; Property, Hearings.

388.1001 State board of education; succession to powers; right to records; property, hearings. Sec. 1.  The state board of education provided for in the constitution of 1908, hereinafter referred to as the "old board", shall continue to function until 12 noon on January 1, 1965, at which time it is abolished and the terms of its members shall expire. The old board shall then be succeeded by the state board of education provided for in article 8 of the constitution of 1963, hereinafter referred to as the "state board". As soon after that time as convenient for the state board all records, files, papers and property of the old board shall be delivered and transferred to the state board. A hearing or proceeding pending before the old board shall not abate but shall be continued and determined by the state board in accordance with the law governing such hearing or proceeding. Whenever in any law, including this act, reference is made to the state board of education, it is deemed to be made, except where otherwise specifically provided, to the old board prior to such hour and to the state board thereafter. History: 1964, Act 287, Eff. Aug. 28, 1964
MI Comp L § 388.1002 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 287 of 1964 - State Board of Education (388.1001 - 388.1017)|Section 388.1002 - State Board of Education; Nomination, Election, Vacancies, Membership.

388.1002 State board of education; nomination, election, vacancies, membership. Sec. 2.  Members of the state board shall be nominated and elected and vacancies in their offices shall be filled in accordance with the election laws of this state. The governor shall be ex officio a member of the state board, and the superintendent of public instruction appointed under the constitution of 1963 shall be its chairman, but neither of them shall have the right to vote. History: 1964, Act 287, Eff. Aug. 28, 1964
MI Comp L § 388.1003 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 287 of 1964 - State Board of Education (388.1001 - 388.1017)|Section 388.1003 - State Board of Education; President; Secretary; Treasurer, Bond.

388.1003 State board of education; president; secretary; treasurer, bond. Sec. 3.  The state board of education shall elect a president, a secretary, a treasurer and such other officers as it deems necessary. The treasurer shall furnish a corporate surety bond in a sum determined by the board as adequate to cover the funds to be handled by him and conditioned upon the faithful discharge of his duties. The cost of the bond shall be paid by the state and the bond shall be filed in the office of the secretary of state. History: 1964, Act 287, Eff. Aug. 28, 1964 ;-- Am. 1965, Act 317, Imd. Eff. July 22, 1965
MI Comp L § 388.1004 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 287 of 1964 - State Board of Education (388.1001 - 388.1017)|Section 388.1004 - State Board of Education; Quorum; Transacting and Conducting Business; Notice of Meeting; Service of Process.

388.1004 State board of education; quorum; transacting and conducting business; notice of meeting; service of process. Sec. 4.  A quorum of the state board of education shall consist of a majority of the board's members. An affirmative vote by the majority of the members serving on the board shall be required to transact business. The business which the board may perform shall be conducted in compliance with Act No. 267 of the Public Acts of 1976, being sections 15.261 to 15.275 of the Michigan Compiled Laws. Public notice of the time, date, and place of the meeting shall be given in the manner required by Act No. 267 of the Public Acts of 1976. Process against the board shall be served on the chairperson or secretary. History: 1964, Act 287, Eff. Aug. 28, 1964 ;-- Am. 1977, Act 244, Imd. Eff. Dec. 6, 1977 ;-- Am. 1979, Act 70, Imd. Eff. July 25, 1979
MI Comp L § 388.1005 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 287 of 1964 - State Board of Education (388.1001 - 388.1017)|Section 388.1005 - State Board of Education; Compensation and Expenses.

388.1005 State board of education; compensation and expenses. Sec. 5.  The per diem compensation of members of the board and the schedule for reimbursement of expenses shall be established annually by the legislature. History: 1964, Act 287, Eff. Aug. 28, 1964 ;-- Am. 1965, Act 317, Imd. Eff. July 22, 1965 ;-- Am. 1975, Act 57, Imd. Eff. May 20, 1975
MI Comp L § 388.1006 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 287 of 1964 - State Board of Education (388.1001 - 388.1017)|Section 388.1006 - State Board of Education; Members, Interest in Publication of Books Prohibited.

388.1006 State board of education; members, interest in publication of books prohibited. Sec. 6.  A member of the state board of education shall not act as the agent of any publisher of school books or school library books or be interested in the publication or sale of any such book as agent or otherwise. History: 1964, Act 287, Eff. Aug. 28, 1964
MI Comp L § 388.1007 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 287 of 1964 - State Board of Education (388.1001 - 388.1017)|Section 388.1007 - State Board of Education; Body Corporate; Seal; Ordinances, Bylaws, Regulations.

388.1007 State board of education; body corporate; seal; ordinances, bylaws, regulations. Sec. 7.  The state board of education is a body corporate and may purchase, have, hold, possess, enjoy, grant, alien, invest, sell, and dispose of real and personal property of every kind; may sue and be sued, plead and be impleaded in all the courts in this state; may have, use, alter and renew a seal; and may make such ordinances, bylaws and regulations as it deems proper for the government and conduct of the board and for the transaction of its business and the operation of the state institutions under its control if they are not repugnant to the constitution or laws of this state or of the United States. History: 1964, Act 287, Eff. Aug. 28, 1964
MI Comp L § 388.1008 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 287 of 1964 - State Board of Education (388.1001 - 388.1017)|Section 388.1008 - State Board of Education; Gifts, Grants; Special Funds.

388.1008 State board of education; gifts, grants; special funds. Sec. 8.  The state board of education may take by gift, grant from federal or other sources, devise, bequest, or in any other lawful manner, property, money, pledges or promises to pay money for the purpose of carrying on any of its powers and duties and may, with the approval of the legislature, use the same for the purposes for which they were donated. The board may place such moneys in a special fund to be spent under its direction for the purposes for which they were donated subject to the conditions of such gift, grant, devise or bequest. History: 1964, Act 287, Eff. Aug. 28, 1964
MI Comp L § 388.1008a (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 287 of 1964 - State Board of Education (388.1001 - 388.1017)|Section 388.1008a - Compliance With Federal Law; Accepting and Expending Federal Funds; Rules; Report; Expenditure of State Funds; Compliance With Fund Accounting Procedures.

388.1008a Compliance with federal law; accepting and expending federal funds; rules; report; expenditure of state funds; compliance with fund accounting procedures. Sec. 8a.  (1) The state board of education may take any necessary action consistent with state law to comply with the provisions of Public Law 85-864 (1958), as amended, being 20 U.S.C. sections 401 et seq., and known as the "federal national defense education act of 1958", and to accept and expend federal funds available under that act for the extension and improvement of the state's educational program, as outlined in state plans approved by the United States commissioner of education.  (2) The state board of education may take any necessary action consistent with state law to comply with the provisions of Public Law 89-329 (1965), as amended, being 20 U.S.C. sections 1001 et seq., and known as the "higher education act of 1965" to strengthen the educational resources of Michigan colleges and universities and to provide financial assistance for students in post-secondary and higher education through a program of administration, research, and consultation. The state board of education may accept and expend federal funds available under such provisions and promulgate rules necessary for the conduct of this program. The state board of education shall submit to the legislature on or before April 1 of each year a report of projects conducted during the preceding year under the federal higher education act of 1965, as amended.  (3) This shall not be construed as authorization to expend nor to incur any obligation to expend any state funds in excess of any amount which may be appropriated by the legislature for programs under subsections (1) and (2). Any funds appropriated shall be paid out of the state treasury in accordance with any fund accounting procedures necessary to assure proper distribution of and accounting for federal funds paid to the state for these programs. History: Add. 1965, Act 413, Imd. Eff. Dec. 17, 1965 ;-- Am. 1976, Act 374, Eff. Jan. 13, 1977 Admin Rule: R 390.1001 et seq. of the Michigan Administrative Code.
MI Comp L § 388.1008b (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 287 of 1964 - State Board of Education (388.1001 - 388.1017)|Section 388.1008b - Acceptance of Gifts, Grants, Devises, and Bequests for Students Who Are Blind; Special Fund; Report.

388.1008b Acceptance of gifts, grants, devises, and bequests for students who are blind; special fund; report.Sec. 8b.  The superintendent of public instruction may take by gift, grant from federal or other sources, devise, bequest, or in any other lawful manner, property, money, pledges, or promises to pay money for the benefit of students who are blind. Notwithstanding the provisions of section 8, the state treasurer shall transmit to the superintendent of public instruction all of this money that is held in the state treasury. The superintendent of public instruction shall place this money and grants in a special fund to be spent as authorized by the superintendent of public instruction for the purposes for which they were donated subject to the conditions of the gift, grant, devise, or bequest without further approval of the legislature unless additional costs to the state will be involved in the spending of these funds. The superintendent of public instruction shall submit a report of all funds received and expended under this section to the senate and house committees on appropriations. History: Add. 1971, Act 199, Imd. Eff. Dec. 27, 1971 ;-- Am. 2016, Act 536, Eff. Apr. 9, 2017