Section 389.142 – Investment of Funds; Restrictions; Commingling Prohibited; Disposition of Earnings; Limitation on Investment or Deposit of Funds; Compliance With Divestment From Terror Act; Definitions.
389.142 Investment of funds; restrictions; commingling prohibited; disposition of earnings; limitation on investment or deposit of funds; compliance with divestment from terror act; definitions. Sec. 142. (1) Subject to subsections (3) and (4), the treasurer of a community college district, if authorized by resolution of the board of trustees, may invest debt retirement funds, building […]
Section 389.124 – Board of Trustees; Additional Powers.
389.124 Board of trustees; additional powers. Sec. 124. The board of trustees may do all of the following: (a) Contract with, appoint, and employ a suitable person as chief executive officer of the community college. The person employed as chief executive officer shall not be a member of the board of trustees and shall possess […]
Section 389.111 – Board of Trustees; Time, Place, and Notice of Meetings; Election and Terms of Officers; Conducting Business in Compliance With Open Meetings Act.
389.111 Board of trustees; time, place, and notice of meetings; election and terms of officers; conducting business in compliance with open meetings act. Sec. 111. (1) The first meeting of the board of trustees following the organizational election of a community college district shall be called by the secretary of the intermediate board of education […]
Section 389.112 – Board of Trustees; Compensation; Expenses.
389.112 Board of trustees; compensation; expenses. Sec. 112. No member of the board of trustees except the secretary and treasurer may receive any compensation for any services rendered the district. Expenses of board members may be reimbursed when the expenses are authorized by the board of trustees. History: 1966, Act 331, Eff. Oct. 1, 1966
Section 389.113 – Board of Trustees; Quorum; Vote Required; Conducting Business at Public Meeting; Record of Meeting; Availability of Record to Public; Duties of Chairperson, Secretary, and Treasurer.
389.113 Board of trustees; quorum; vote required; conducting business at public meeting; record of meeting; availability of record to public; duties of chairperson, secretary, and treasurer. Sec. 113. (1) A majority of the board of trustees is a quorum, but an act is not valid unless voted at a meeting of the board by a […]
Section 389.114 – Board of Trustees; Bonds of Officers and Employees.
389.114 Board of trustees; bonds of officers and employees. Sec. 114. The treasurer and such other officers or employees as shall handle money on behalf of the community college district shall first secure a suitable bond from a responsible bonding company, which bond shall be paid for by the board of trustees. History: 1966, Act […]
Section 389.121 – Board of Trustees; General Powers.
389.121 Board of trustees; general powers. Sec. 121. The board of trustees of the community college district has the power to make plans for, to promote, or to acquire, construct, own, develop, maintain, and operate a community college and an area vocational-technical education program. The board of trustees may do all of the following: (a) […]
Section 389.122 – Board of Trustees; Powers.
389.122 Board of trustees; powers. Sec. 122. The board of trustees may do all of the following: (a) Borrow, subject to the provisions of the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821, for community college purposes, including capital expenditures, money on the terms it considers desirable and give notes of the […]
Section 389.122a – Energy Conservation Improvements; Reports; Forms.
389.122a Energy conservation improvements; reports; forms. Sec. 122a. (1) If energy conservation improvements are made as provided in section 122, the board of trustees shall report the following information to the Michigan public service commission within 60 days of the completion of the improvements: (a) Name of each facility to which an improvement is made […]
Section 389.123 – Board of Trustees; Powers.
389.123 Board of trustees; powers. Sec. 123. The board of trustees may: (a) Have the care and custody of the community college property and provide suitable facilities, sanitary conditions, and medical inspection for the community college of the district. (b) Establish and collect tuition and fees for resident and nonresident students. A waiver of tuition […]