MCL - Act 107 of 1969


Act 107 of 1969

AN ACT to authorize the department of state highways and transportation, through the aeronautics commission, to make loans to counties, cities, townships, and incorporated villages, or any combination thereof, and to establish a revolving fund for the purpose of airport development; and to authorize the commission to prescribe rules for granting loans and repayment of loans.

History: 1969, Act 107, Imd. Eff. July 24, 1969 ;-- Am. 1975, Act 192, Imd. Eff. Aug. 8, 1975

The People of the State of Michigan enact:
Document Type Description
Section 259.251 Section Continuing airport loan program; creation; administration; purpose.
Section 259.252 Section Revolving loan account; appropriation, administration.
Section 259.253 Section Loans; rules; limitation; repayment period; interest rate; collection and disposition of repayments and interest.
Section 259.254 Section Aeronautics commission; report to legislature, time, contents.
Section 259.255 Section Supplemental construction of act.