390.371 Michigan college of mining and technology; residence halls, housing units, and social centers, erection and operation; authority of board of control. Sec. 1. The board of control of the Michigan College of Mining and Technology is authorized to: (a) Acquire, purchase, or erect from time to time at the said college such residence halls […]
390.372 Michigan college of mining and technology; title of real estate, held by board of control. Sec. 2. The title of all real estate and improvements acquired and erected under the provisions of this act shall be taken and held in the name of the board of control of the Michigan college of mining and […]
390.373 Michigan college of mining and technology; board of control, borrowing power, issuance of obligations. Sec. 3. In carrying out the above power, said board may borrow money, pledging the rents and income received from the residence halls and housing units in excess of all operating expenses, for the discharge of loans so executed, and/or […]
390.374 Michigan college of mining and technology; obligations, payment. Sec. 4. No obligations hereunder shall ever be or become a charge against the state of Michigan, nor shall the same become a lien on or secured by any property, real, personal or mixed, of the state or the board of control of said college, but […]
390.375 Michigan state college of mining and technology; prohibition of state to purchase bonds or obligations. Sec. 5. Bonds or obligations issued under the provisions of this act shall not be purchased by the state of Michigan. History: 1938, Ex. Sess., Act 9, Imd. Eff. Sept. 8, 1938 ;– CL 1948, 390.375
