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 […]
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 […]
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 […]
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 […]
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. […]
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 […]
Section 388.1951 – Definitions.
388.1951 Definitions. Sec. 1. As used in this act: (a) “Debt or expenses repayment” means debt or expenses connected to a recipient’s student loans. (b) “Department” means the department of education. (c) “Designated recipient” means an individual who is enrolled in, and in good standing at, as determined by the program, a graduate-level mental health […]
Section 388.1925 – Preliminary Qualification; Application.
388.1925 Preliminary qualification; application. Sec. 5. (1) A school district may apply to the state treasurer for preliminary qualification of a proposed school bond issue by filing an application in the form and containing the information required by this act. (2) An application for preliminary qualification of a school bond shall contain all of the […]
Section 388.1953 – Student Mental Health Apprenticeship Retention and Training (Smart) Internship Grant Program; Designated Recipient Agreements; Payments; Qualification Requirements; Evaluations; Eligibility.
388.1953 Student mental health apprenticeship retention and training (SMART) internship grant program; designated recipient agreements; payments; qualification requirements; evaluations; eligibility. Sec. 3. (1) The department shall create and administer a student mental health apprenticeship retention and training (SMART) internship grant program to provide grants to designated recipients and to provide grants to field supervisors, field […]
Section 388.1908 – Enrollment Without Tuition and Fee Support.
388.1908 Enrollment without tuition and fee support. Sec. 8. This act does not restrict the ability of an eligible student or any other pupil to enroll in any career and technical preparation program without tuition and fee support under this act. History: 2000, Act 258, Eff. Apr. 1, 2001 Compiler’s Notes: For transfer of certain […]