Section 17.451 – Borrowing Money and Issuing Notes in Anticipation of Undedicated Revenues; Purpose.
17.451 Borrowing money and issuing notes in anticipation of undedicated revenues; purpose. Sec. 1. The state administrative board is authorized to borrow money and refund that borrowing, in whole or in part, when necessary, from time to time, on the full faith and credit of the state and issue notes, including refunding notes and commercial […]
Section 17.452 – Aggregate Principal Amount of Outstanding Notes; Limitation; Repayment of Indebtedness; Pledge and Deposit of Undedicated Revenues; Validity of Pledge; Transactions to Provide Security; Costs and Fees; Authorization of State Treasurer to Do Certain Acts; Revenues, Proceeds, and Earnings From Which Principal and Interest Payable.
17.452 Aggregate principal amount of outstanding notes; limitation; repayment of indebtedness; pledge and deposit of undedicated revenues; validity of pledge; transactions to provide security; costs and fees; authorization of state treasurer to do certain acts; revenues, proceeds, and earnings from which principal and interest payable. Sec. 2. (1) The aggregate principal amount of outstanding notes […]
Section 17.453 – Payment of Notes; Interest; Discount; Execution and Sale of Notes and Coupons; Authentication; Commercial Paper Dealer Agreements; Signature of Former State Treasurer.
17.453 Payment of notes; interest; discount; execution and sale of notes and coupons; authentication; commercial paper dealer agreements; signature of former state treasurer. Sec. 3. Subject to the provisions of section 2, the notes shall become due at such time or times as determined by the state administrative board, and may be made payable prior […]
Section 17.454 – Use of Proceeds of Loan Restricted; Revised Municipal Finance Act Inapplicable; Issuance of Bonds and Notes Subject to Agency Financing Reporting Act.
17.454 Use of proceeds of loan restricted; revised municipal finance act inapplicable; issuance of bonds and notes subject to agency financing reporting act. Sec. 4. (1) The proceeds of any loan under this act shall not be used to pay in advance appropriations to any municipality as defined in section 103 of the revised municipal […]
Repealed – Act 9 of 1947 – Purchase of Boulevard Building (17.301 – 17.302)
PURCHASE OF BOULEVARD BUILDINGAct 9 of 194717.301,17.302 Repealed. 1984, Act 431, Eff. Mar. 29, 1985.
Section 17.455 – Notes and Interest Exempt From Taxation.
17.455 Notes and interest exempt from taxation. Sec. 5. Notes issued under this act before or after the effective date of this section and the interest on those notes shall be exempt from all taxation by the state or political subdivisions of the state. History: Add. 1982, Act 196, Imd. Eff. June 30, 1982
Repealed – Act 112 of 1956 – Heating Contracts (17.501 – 17.501)
HEATING CONTRACTSAct 112 of 195617.501 Repealed. 1984, Act 431, Eff. Mar. 29, 1985.
Section 17.401 – Contracts Relating to Invention or Discovery Affecting Public Health; Ownership of Invention, Discovery, or Patent Thereon; Employment of Patent Attorneys; Exploration; Licenses; Copyright; Liability or Obligation of State; Expense of Litigation.
17.401 Contracts relating to invention or discovery affecting public health; ownership of invention, discovery, or patent thereon; employment of patent attorneys; exploration; licenses; copyright; liability or obligation of state; expense of litigation. Sec. 1. The state administrative board is authorized and empowered to enter into contracts relating to any invention or discovery of any new […]
Section 17.402 – Contracts Relating to Inventions, Discoveries and Patents; Approval of Attorney General.
17.402 Contracts relating to inventions, discoveries and patents; approval of attorney general. Sec. 2. Each such contract shall be subject to the approval of the attorney general of the state as to form and validity. History: 1954, Ex. Sess., Act 2, Imd. Eff. Aug. 20, 1954
Section 17.403 – Contracts Relating to Inventions, Discoveries and Patents; Disposition of Receipts.
17.403 Contracts relating to inventions, discoveries and patents; disposition of receipts. Sec. 3. All moneys received by virtue of any such contract shall be turned over to the state treasurer and credited to the general fund of the state. History: 1954, Ex. Sess., Act 2, Imd. Eff. Aug. 20, 1954