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U.S. State Codes
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Michigan
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Chapter 390 - Universities ...
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Act 222 of 1975 Higher Education Loan Authority...
Act 222 of 1975 Higher Education Loan Authority Act (390.1151 - 390.1165)
Section 390.1151 Short Title.
Section 390.1152 Definitions.
Section 390.1153 Authority; Creation; Autonomous Entity; Members; Terms; Quorum; Action by Authority; Meetings.
Section 390.1154 Powers of Authority.
Section 390.1154a Loans to Students or Parents of Students; Purpose; Rules.
Section 390.1155 Bonds; Purposes; General Obligation of Authority; Determination; Resolution; Requirements; Issuance Subject to Agency Financing Reporting Act; Interest Rate Exchange or Agreement; Establishment of Reserve Fund.
Section 390.1156 Bonds; Pledge and Agreement of State.
Section 390.1157 Bonds as Investment Securities.
Section 390.1158 Disposition of Moneys of Authority; Contracts With Holders of Bonds; Audit.
Section 390.1158a Talent Investment Fund; Creation; Deposit of Money and Other Assets; Money Remaining at Close of Fiscal Year; Administration; Use of Fund.
Section 390.1159 Tax Exemptions; Bonds and Interest Coupons Negotiable; Registration of Bonds.
Section 390.1160 Pledge by Authority; Lien of Pledge; Recording Not Required.
Section 390.1161 Default; Appointment and Powers of Trustee; Rights of Bondholders and Trustee.
Section 390.1162 Loans to Students or Parents of Students; Rules; Basis of Determining Amount of Loan; Description of Options; Federally Reinsured Loans; Variable Repayment Schedules; Revised Repayment Term or Schedule.
Section 390.1163 Personal Liability.
Section 390.1164 Repealed. 1976, Act 163, Imd. Eff. June 21, 1976.
Section 390.1165 Effective Date.