390.391 Lake Superior state university; establishment; location; powers of board of control. Sec. 1. (1) There is established a state institution of higher education having authority to grant baccalaureate degrees known as Lake Superior state university to be located at Sault Ste. Marie. The institution shall be maintained by the state and its facilities shall […]
390.392 Board of control; members; term. Sec. 2. The board shall consist of 8 members who shall hold office for terms of 8 years and who shall be appointed by the governor by and with the advice and consent of the senate, except of the members first appointed 2 shall serve for 2 years, 2 […]
390.393 Board of control; appointment of secretary and treasurer; terms of officers; treasurer’s bond; limitation. Sec. 3. The board shall appoint a secretary and a treasurer. Officers shall serve terms of 1 year and until their successors shall have been appointed and qualified. Before permitting the treasurer to enter upon the duties of his office, […]
390.394 Board of control; quorum; conducting business in compliance with MCL 15.261 et seq.; notice of meeting; powers and duties enumerated. Sec. 4. (1) A majority of the members of the board shall form a quorum for the transaction of business. The business which the board may perform shall be conducted in compliance with Act […]
390.395 Sault Ste. Marie facilities as physical properties of university. Sec. 5. The present facilities of the Sault Ste. Marie branch of Michigan technological university constitute the physical properties of Lake Superior state university. History: 1969, Act 26, Eff. Jan. 1, 1970 ;– Am. 1987, Act 158, Imd. Eff. Nov. 5, 1987
390.395a Costs of transition and name change. Sec. 5a. (1) The state shall not bear any cost incurred in the transition of Lake Superior state college to Lake Superior state university. Costs incurred by the name change shall be borne by the institution from nonstate sources. (2) A student shall not bear any cost incurred […]
390.396 Board of control; borrowing power; repayment; pledge. Sec. 6. The board shall not borrow money on its general faith and credit, nor create any liens upon its property. The board may acquire land or acquire or erect buildings or alter, equip or maintain them, to be used as residence halls, apartments, dining facilities, student […]
390.397 Repeal. Sec. 7. Section 12 of Act No. 70 of the Public Acts of 1885, as amended, being section 390.362 of the Compiled Laws of 1948, is repealed. History: 1969, Act 26, Eff. Jan. 1, 1970
390.398 Bonds; purchase by state prohibited. Sec. 8. Bonds, notes or other obligations issued under the provisions of this act shall not be purchased by the state of Michigan. History: 1969, Act 26, Eff. Jan. 1, 1970
390.399 Effective date of act. Sec. 9. This act shall become effective January 1, 1970. History: 1969, Act 26, Eff. Jan. 1, 1970