Act
Michigan tobacco settlement finance authority act
- Mich. Comp. Laws § 129.261— Short title
- Mich. Comp. Laws § 129.262— Legislative findings and declaration
- Mich. Comp. Laws § 129.263— Definitions
- Mich. Comp. Laws § 129.264— Michigan tobacco settlement finance authority; creation; separate legal entity; issuance of bonds generally
- Mich. Comp. Laws § 129.265— Authority; duties; administrative functions
- Mich. Comp. Laws § 129.266— Board of directors; membership; terms; vacancy; compensation; reimbursement; chairperson; quorum; vote; agents and employees; discharge of duties by member, officer, employee, or agent; independent public financial advisor
- Mich. Comp. Laws § 129.267— Powers of authority
- Mich. Comp. Laws § 129.268— Sale of state's tobacco receipts; terms; agreement; refunding, refinancing, and sale of residual interests; purchase price; remedies; approval by resolution adopted by state administrative board; absolute transfer; limitation on use of net proceeds and earnings
- Mich. Comp. Laws § 129.269— Obligations
- Mich. Comp. Laws § 129.270— Creation of authority; purpose as public and governmental; property and income exempt from tax; interest
- Mich. Comp. Laws § 129.271— Duties of state before payment or discharge of bonds and ancillary facilities
- Mich. Comp. Laws § 129.272— Effect of bonds issued under act
- Mich. Comp. Laws § 129.273— Dissolution of authority
- Mich. Comp. Laws § 129.274— Construction of act
- Mich. Comp. Laws § 129.275— Availability of funds
- Mich. Comp. Laws § 129.276— Report
- Mich. Comp. Laws § 129.277— Appropriation
- Mich. Comp. Laws § 129.278— Legal jurisdiction
- Mich. Comp. Laws § 129.279— Severability