MCL - Index of Act 49 of 2002

NOTE: Dates reflect any modification to item, not necessarily a change in law.
Title Subject
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 secrets, commercial, financial, or proprietary information” defined; employees; discharge of duties.
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 interest earned.
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.