reglab/housing_qa huggingface dataset:
MI Comp L § 388.1924 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 92 of 2005 - School Bond Qualification, Approval, and Loan Act (388.1921 - 388.1939)|Section 388.1924 - Qualification of New Bonds; Terms and Conditions Applicable to Outstanding Qualified Bonds; Application for Prequalification.

388.1924 Qualification of new bonds; terms and conditions applicable to outstanding qualified bonds; application for prequalification.Sec. 4.  (1) A school district may issue and market bonds as qualified bonds if the state treasurer has issued an order granting qualification under this act.  (2) Except with regard to qualification of new bonds, nothing in this act shall be construed to alter the terms and conditions applicable to outstanding qualified bonds issued in accordance with former 1961 PA 108. Unless otherwise amended as permitted by this act, outstanding qualified loans incurred in association with outstanding qualified bonds described in this subsection shall bear interest as provided in section 9(8) but otherwise shall be due and payable as provided in the repayment agreements entered into between the school district and the state before the effective date of this act.  (3) The state treasurer may qualify bonds for which the state treasurer has received an application for prequalification on or before May 25, 2005 without regard to the requirements of section 5(2)(f) if the electors of the school district approve the bonds at an election held during 2005. History: 2005, Act 92, Imd. Eff. July 20, 2005 ;-- Am. 2012, Act 437, Eff. Mar. 28, 2013
MI Comp L § 388.1926 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 92 of 2005 - School Bond Qualification, Approval, and Loan Act (388.1921 - 388.1939)|Section 388.1926 - Prequalification of Bonds; Determination by State Treasurer.

388.1926 Prequalification of bonds; determination by state treasurer.Sec. 6.  The state treasurer shall prequalify bonds of a school district if the state treasurer determines all of the following:  (a) The issuance of additional qualified bonds will not prevent the school district from repaying its outstanding qualified bonds, the proposed bonds, all outstanding qualified loans, and all qualified loans expected to be incurred with respect to all qualified bonds of the school district, including the proposed bond issue, not later than the applicable final mandatory repayment date.  (b) The form and language of the ballot conforms with the requirements of this act.  (c) The school district has filed an application complying with the requirements of section 5.  (d) If the proposed bond issue is approved by the voters after September 30, 2012 and will result in additional qualified loans, the outstanding balance of all qualified loans on the most recent May 1 or November 1 did not exceed $1,800,000,000.00. The $1,800,000,000.00 limitation described in the immediately preceding sentence does not apply after June 30, 2016.  (e) The issuance of additional qualified bonds approved by voters after September 30, 2012 will not have an adverse financial impact on the school district, this state, or the school loan revolving fund. In making this determination, the state treasurer shall consider relevant factors, including, but not limited to, whether the issuance of the proposed bond issue will cause the aggregate outstanding amount of qualified and nonqualified bonds, including the proposed bond issue, and currently outstanding qualified loans of the school district to exceed 25% of the taxable value of the school district at the time the proposed bonds are issued. History: 2005, Act 92, Imd. Eff. July 20, 2005 ;-- Am. 2012, Act 437, Eff. Mar. 28, 2013
MI Comp L § 388.1928 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 92 of 2005 - School Bond Qualification, Approval, and Loan Act (388.1921 - 388.1939)|Section 388.1928 - Submission of Ballot to Electors; Ballot.

388.1928 Submission of ballot to electors; ballot.Sec. 8.  A ballot submitted to the school electors of a school district after November 8, 2005 requesting authorization to issue unlimited tax general obligations that will be guaranteed by this state in accordance with section 16 of article IX of the state constitution of 1963 shall inform the electors that if the school district expects to borrow from this state to pay debt service on the bonds, the estimated total amount of the principal of that borrowing and the interest to be paid on that borrowing, the estimated duration of the millage levy, and the estimated computed millage rate for that levy. The ballot shall also inform the electors of the total amount of qualified bond and loan debt currently outstanding and that the estimated computed millage rate may change based on changes in certain circumstances. History: 2005, Act 92, Imd. Eff. July 20, 2005 ;-- Am. 2012, Act 437, Eff. Mar. 28, 2013
MI Comp L § 388.1930 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 92 of 2005 - School Bond Qualification, Approval, and Loan Act (388.1921 - 388.1939)|Section 388.1930 - Certificates of Qualification or Approval; File; Delivery.

388.1930 Certificates of qualification or approval; file; delivery.Sec. 10.  The state treasurer shall keep all certificates of qualification or approval in a permanent file and shall deliver copies of the certificates to the school district. History: 2005, Act 92, Imd. Eff. July 20, 2005
MI Comp L § 388.1931 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 92 of 2005 - School Bond Qualification, Approval, and Loan Act (388.1921 - 388.1939)|Section 388.1931 - Rules; Bulletins.

388.1931 Rules; bulletins.Sec. 11.  The state treasurer may promulgate rules to implement this act pursuant to the administrative procedures act of 1969, 1969 PA 306, MCL 24.201 to 24.328, and may issue bulletins as authorized by this act. History: 2005, Act 92, Imd. Eff. July 20, 2005 ;-- Am. 2012, Act 437, Eff. Mar. 28, 2013
MI Comp L § 388.1932 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 92 of 2005 - School Bond Qualification, Approval, and Loan Act (388.1921 - 388.1939)|Section 388.1932 - Failure to Apply for Prequalification, Qualification, or Approval of Bond Before Issuance.

388.1932 Failure to apply for prequalification, qualification, or approval of bond before issuance.Sec. 12.  If a school district does not apply for prequalification or qualification or approval of a bond issue before the issuance of those bonds, the state treasurer shall not approve or qualify those bonds as qualified bonds under this act. History: 2005, Act 92, Imd. Eff. July 20, 2005
MI Comp L § 388.1934 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 92 of 2005 - School Bond Qualification, Approval, and Loan Act (388.1921 - 388.1939)|Section 388.1934 - Failure of School District to Pay Principal and Interest Due on Qualified Bonds; Notice; Payment by State Treasurer; Billing of School District for Amount Paid; Remittance.

388.1934 Failure of school district to pay principal and interest due on qualified bonds; notice; payment by state treasurer; billing of school district for amount paid; remittance.Sec. 14.  (1) If any paying agent for a school district’s qualified bonds notifies the state treasurer that the school district has failed to deposit sufficient funds to pay principal and interest due on the qualified bonds when due, or if a bondholder notifies the state treasurer that the school district has failed to pay principal or interest on qualified bonds when due, whether or not the school district has filed a draw request with the state treasurer, the state treasurer shall promptly pay the principal or interest on the qualified bond when due.  (2) If the state treasurer pays any amount described in this section, the state treasurer shall bill the school district for the amount paid and the school district shall immediately remit the amount to the state treasurer. If the school district would have been eligible to borrow the debt service in accordance with the terms of this act, the school district shall enter into a loan agreement establishing the terms of the qualified loan as provided in this act. If the state treasurer directs the Michigan municipal bond authority to pay any amount described in this section, the state treasurer shall cause the Michigan municipal bond authority to bill the school district for the amount paid and the school district shall immediately remit the amount to the Michigan municipal bond authority. History: 2005, Act 92, Imd. Eff. July 20, 2005
MI Comp L § 388.1935 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 92 of 2005 - School Bond Qualification, Approval, and Loan Act (388.1921 - 388.1939)|Section 388.1935 - Default; Repayment.

388.1935 Default; repayment.Sec. 15.  (1) If a school district that owes this state loan repayments relating to qualified bonds fails to levy at least the computed millage upon its taxable value for debt retirement purposes for qualified bonds and for repayment of a qualified loan made under this act while any part of the qualified loan is unpaid or defaults in its agreement to repay a qualified loan or any installment of a qualified loan, the school district shall increase its debt levy in the next succeeding year to obtain the amount necessary to repay this state the amount of the default plus a late charge of 3% and shall pay that amount to this state together with any other amounts owed during the next tax year. The school district may use other funds to repay this state including a transfer of general funds of the school district, if approved by the state treasurer. The state treasurer shall not disburse state school aid to the school district until the school district has made satisfactory arrangements with the state treasurer for the payment of the amount in default.  (2) If a school district fails to process any report, application, confirmation, or repayment as required under this act, the state treasurer may withhold a school district's state aid funds until the school district complies with the requirements under this act. History: 2005, Act 92, Imd. Eff. July 20, 2005
MI Comp L § 388.1936 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 92 of 2005 - School Bond Qualification, Approval, and Loan Act (388.1921 - 388.1939)|Section 388.1936 - Charging and Disposition of Fees.

388.1936 Charging and disposition of fees.Sec. 16.  (1) The state treasurer may charge a prequalification application fee, a qualification application fee, and an annual loan activity fee in the amounts determined by the state treasurer to be required to pay the estimated administrative expenses incurred under this act for the fiscal year in which the state treasurer imposes the fee.  (2) The state treasurer shall deposit all fees collected under this act into a separate fund established within the state treasury, and shall use the proceeds of the fees solely for the purpose of administering and enforcing this act. The unexpended and unobligated balance of this fund at the end of each state fiscal year shall be carried forward over to the succeeding state fiscal year and shall not lapse to the general fund but shall be available for reappropriation for the next state fiscal year. History: 2005, Act 92, Imd. Eff. July 20, 2005 ;-- Am. 2012, Act 437, Eff. Mar. 28, 2013
MI Comp L § 388.1937 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 92 of 2005 - School Bond Qualification, Approval, and Loan Act (388.1921 - 388.1939)|Section 388.1937 - False Statement or Unauthorized Use of Proceeds; Violation as Felony; Penalty.

388.1937 False statement or unauthorized use of proceeds; violation as felony; penalty.Sec. 17.  A person who knowingly makes a false statement or conceals material information for the purpose of obtaining qualification of a bond issue under this act or for the purpose of obtaining a qualified loan under this act, or who knowingly uses all or part of the proceeds of a qualified loan obtained under this act for any purpose not authorized by this act, is guilty of a felony punishable by imprisonment for not more than 4 years or a fine of not more than $5,000.00, or both. History: 2005, Act 92, Imd. Eff. July 20, 2005
MI Comp L § 388.1938 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 92 of 2005 - School Bond Qualification, Approval, and Loan Act (388.1921 - 388.1939)|Section 388.1938 - Use of Remaining Proceeds.

388.1938 Use of remaining proceeds.Sec. 18.  If a school district has completed the projects approved by the school electors of the school district to be funded from proceeds of qualified bonds, a school district may use any remaining proceeds of the qualified bonds as follows:   (a) To pay debt service on the qualified bonds.  (b) To repay this state.  (c) If in the opinion of the school district's bond counsel use of the remaining proceeds for the purposes described in subdivisions (a) and (b) would adversely affect the federal tax treatment of interest on the qualified bonds, to pay for enhancements to the projects approved by the school electors as described in the ballot language proposing the qualified bonds. History: 2005, Act 92, Imd. Eff. July 20, 2005 ;-- Am. 2012, Act 437, Eff. Mar. 28, 2013
MI Comp L § 388.1939 (2021)
2021 Michigan Compiled Laws|Chapter 388 - Schools and School Aid|Act 92 of 2005 - School Bond Qualification, Approval, and Loan Act (388.1921 - 388.1939)|Section 388.1939 - Actions by Designee.

388.1939 Actions by designee.Sec. 19.  The state treasurer may designate in writing a person or persons to take any actions required to be taken by the state treasurer under this act. The signature of any designee shall have the same force and effect as the signature of the state treasurer for all purposes of this act. History: 2005, Act 92, Imd. Eff. July 20, 2005
MI Comp L § 389.1 (2021)
2021 Michigan Compiled Laws|Chapter 389 - Community Colleges|Act 331 of 1966 - Community College Act of 1966 (389.1 - 389.195)|Section 389.1 - Community College Act of 1966; Short Title.

389.1 Community college act of 1966; short title. Sec. 1.  This act shall be known and may be cited as the “community college act of 1966”. History: 1966, Act 331, Eff. Oct. 1, 1966
MI Comp L § 389.2 (2021)
2021 Michigan Compiled Laws|Chapter 389 - Community Colleges|Act 331 of 1966 - Community College Act of 1966 (389.1 - 389.195)|Section 389.2 - Violation of Michigan Election Law Applicable to Petitions; Penalties.

389.2 Violation of Michigan election law applicable to petitions; penalties. Sec. 2.  A petition under section 83 or 152, including the circulation and signing of the petition, is subject to the Michigan election law. A person who violates a provision of the Michigan election law applicable to a petition described in this section is subject to the penalties prescribed for that violation in the Michigan election law.  History: Add. 1998, Act 153, Eff. Mar. 23, 1999 ;-- Am. 2003, Act 306, Eff. Jan. 1, 2005
MI Comp L § 389.301 (2021)
2021 Michigan Compiled Laws|Chapter 389 - Community Colleges|Act 39 of 1969 - State Maritime Academy (389.301 - 389.303)|Section 389.301 - State Maritime Academy; Establishment, Operation.

389.301 State maritime academy; establishment, operation. Sec. 1.  A state maritime academy and training program for merchant marine officers is established as a department of northwestern Michigan college. The board of trustees of northwestern Michigan college shall operate the program under the authority granted by Act No. 331 of the Public Acts of 1966, as amended, being sections 389.1 to 389.195 of the Compiled Laws of 1948 to conduct vocational-technical education programs. History: 1969, Act 39, Imd. Eff. July 17, 1969
MI Comp L § 389.302 (2021)
2021 Michigan Compiled Laws|Chapter 389 - Community Colleges|Act 39 of 1969 - State Maritime Academy (389.301 - 389.303)|Section 389.302 - State Maritime Academy and Training Program; Qualification for Federal Assistance.

389.302 State maritime academy and training program; qualification for federal assistance. Sec. 2.  The board of trustees of northwestern Michigan college is the designated legal state entity to qualify the academy and training program in all phases required to qualify for federal assistance and to receive and expend funds for this purpose under provisions of the maritime academy act of 1958, being Public Law 85-672, any rules issued thereto and such other related statutes and rules as may be applicable. History: 1969, Act 39, Imd. Eff. July 17, 1969
MI Comp L § 389.303 (2021)
2021 Michigan Compiled Laws|Chapter 389 - Community Colleges|Act 39 of 1969 - State Maritime Academy (389.301 - 389.303)|Section 389.303 - Scope of Training Program.

389.303 Scope of training program. Sec. 3.  It is the intent of the legislature that this program will not exceed the scope of the community college program as defined in section 1 of this act. History: 1969, Act 39, Imd. Eff. July 17, 1969
MI Comp L § 390.1 (2021)
2021 Michigan Compiled Laws|Chapter 390 - Universities and Colleges|Act 151 of 1851 - University of Michigan (390.1 - 390.23)|Section 390.1 - University of Michigan; Continuation.

390.1 University of Michigan; continuation. Sec. 1.  That the institution established in this state and known as the university of Michigan, is continued under the name and style heretofore used. History: 1851, Act 151, Eff. July 5, 1851 ;-- CL 1857, 2183 ;-- CL 1871, 3481 ;-- How. 4905 ;-- CL 1897, 1781 ;-- CL 1915, 1156 ;-- CL 1929, 7764 ;-- CL 1948, 390.1 Former Law: See 2 Terr. Laws, p. 104; 1 Terr. Laws, p. 879; Act 55 of 1837, Ex. Sess.; R.S. 1838, Part First, Title 11, Ch. 2; R.S. 1846, Ch. 57.
MI Comp L § 390.2 (2021)
2021 Michigan Compiled Laws|Chapter 390 - Universities and Colleges|Act 151 of 1851 - University of Michigan (390.1 - 390.23)|Section 390.2 - University of Michigan; Object.

390.2 University of Michigan; object. Sec. 2.  The university shall provide the inhabitants of this state with the means of acquiring a thorough knowledge of the various branches of literature, science and arts. History: 1851, Act 151, Eff. July 5, 1851 ;-- CL 1857, 2184 ;-- CL 1871, 3482 ;-- How. 4906 ;-- CL 1897, 1782 ;-- CL 1915, 1157 ;-- CL 1929, 7765 ;-- CL 1948, 390.2
MI Comp L § 390.3 (2021)
2021 Michigan Compiled Laws|Chapter 390 - Universities and Colleges|Act 151 of 1851 - University of Michigan (390.1 - 390.23)|Section 390.3 - University of Michigan; Government, Board of Regents.

390.3 University of Michigan; government, board of regents. Sec. 3.  The government of the university is vested in the board of regents. History: 1851, Act 151, Eff. July 5, 1851 ;-- CL 1857, 2185 ;-- CL 1871, 3483 ;-- How. 4907 ;-- CL 1897, 1783 ;-- CL 1915, 1158 ;-- CL 1929, 7766 ;-- CL 1948, 390.3
MI Comp L § 390.4 (2021)
2021 Michigan Compiled Laws|Chapter 390 - Universities and Colleges|Act 151 of 1851 - University of Michigan (390.1 - 390.23)|Section 390.4 - Board of Regents; Body Corporate; Rights, Seal.

390.4 Board of regents; body corporate; rights, seal. Sec. 4.  The board of regents shall constitute the body corporate, with the right, as such, of suing and being sued, of making and using a common seal, and altering the same. History: 1851, Act 151, Eff. July 5, 1851 ;-- CL 1857, 2186 ;-- CL 1871, 3484 ;-- How. 4908 ;-- CL 1897, 1784 ;-- CL 1915, 1159 ;-- CL 1929, 7767 ;-- CL 1948, 390.4
MI Comp L § 390.5 (2021)
2021 Michigan Compiled Laws|Chapter 390 - Universities and Colleges|Act 151 of 1851 - University of Michigan (390.1 - 390.23)|Section 390.5 - Board of Regents; Powers.

390.5 Board of regents; powers. Sec. 5.  The regents shall have power to enact ordinances, by-laws and regulations for the government of the university; to elect a president, to fix, increase and reduce the regular number of professors and tutors, and to appoint the same, and to determine the amount of their salaries: Provided, That there shall always be at least 1 professor of homeopathy in the department of medicine. History: 1851, Act 151, Eff. July 5, 1851 ;-- Am. 1855, Act 100, Eff. May 15, 1855 ;-- CL 1857, 2187 ;-- CL 1871, 3485 ;-- How. 4909 ;-- CL 1897, 1785 ;-- CL 1915, 1160 ;-- CL 1929, 7768 ;-- CL 1948, 390.5
MI Comp L § 390.6 (2021)
2021 Michigan Compiled Laws|Chapter 390 - Universities and Colleges|Act 151 of 1851 - University of Michigan (390.1 - 390.23)|Section 390.6 - Board of Regents; Power of Removal of President, Professor or Tutor.

390.6 Board of regents; power of removal of president, professor or tutor. Sec. 6.  They shall have power to remove the president, and any professor or tutor, when the interest of the university shall require it. History: 1851, Act 151, Eff. July 5, 1851 ;-- CL 1857, 2188 ;-- CL 1871, 3486 ;-- How. 4910 ;-- CL 1897, 1786 ;-- CL 1915, 1161 ;-- CL 1929, 7769 ;-- CL 1948, 390.6
MI Comp L § 390.7 (2021)
2021 Michigan Compiled Laws|Chapter 390 - Universities and Colleges|Act 151 of 1851 - University of Michigan (390.1 - 390.23)|Section 390.7 - Board of Regents; Appointive Power.

390.7 Board of regents; appointive power. Sec. 7.  They shall have power to appoint a secretary, librarian, treasurer, steward, and such other officers as the interests of the institution may require, who shall hold their offices at the pleasure of the board, and receive such compensation as the board may prescribe. History: 1851, Act 151, Eff. July 5, 1851 ;-- CL 1857, 2189 ;-- CL 1871, 3487 ;-- How. 4911 ;-- CL 1897, 1787 ;-- CL 1915, 1162 ;-- CL 1929, 7770 ;-- CL 1948, 390.7
MI Comp L § 390.8 (2021)
2021 Michigan Compiled Laws|Chapter 390 - Universities and Colleges|Act 151 of 1851 - University of Michigan (390.1 - 390.23)|Section 390.8 - University of Michigan; Departments.

390.8 University of Michigan; departments. Sec. 8.  The university shall consist of at least 3 departments:  1. A department of literature, science and the arts;  2. A department of law;  3. A department of medicine;  4. Such other departments may be added as the regents shall deem necessary, and the state of the university fund shall allow. History: 1851, Act 151, Eff. July 5, 1851 ;-- CL 1857, 2190 ;-- CL 1871, 3488 ;-- How. 4912 ;-- CL 1897, 1788 ;-- CL 1915, 1163 ;-- CL 1929, 7771 ;-- CL 1948, 390.8
MI Comp L § 390.9 (2021)
2021 Michigan Compiled Laws|Chapter 390 - Universities and Colleges|Act 151 of 1851 - University of Michigan (390.1 - 390.23)|Section 390.9 - Provision for Special Courses.

390.9 Provision for special courses. Sec. 9.  The regents shall provide for the arrangement and selection of a course or courses of study in the university, for such students as may not desire to pursue the usual collegiate course, in the department of literature, science and the arts, embracing the ancient languages, and to provide for the admission of such students without previous examination, as to their attainments in said languages, and for granting such certificates at the expiration of such course or term of such students, as may be appropriate to their respective attainments. History: 1851, Act 151, Eff. July 5, 1851 ;-- CL 1857, 2191 ;-- CL 1871, 3489 ;-- How. 4913 ;-- CL 1897, 1789 ;-- CL 1915, 1164 ;-- CL 1929, 7772 ;-- CL 1948, 390.9
MI Comp L § 390.10 (2021)
2021 Michigan Compiled Laws|Chapter 390 - Universities and Colleges|Act 151 of 1851 - University of Michigan (390.1 - 390.23)|Section 390.10 - Repealed. 1957, Act 87, Eff. Sept. 27, 1957.

390.10 Repealed. 1957, Act 87, Eff. Sept. 27, 1957. Compiler's Notes: The repealed section provided for keeping set of meteorological tables at University of Michigan.