Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

§
Marginalia
Code · Michigan · Chapter 324 — Natural Resources and Environmental Protection

324.19506 Environmental protection bond fund; creation; composition; restricted subaccounts.

140 words·~1 min read·/mi/chapter-324/324-19506

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

324.19506 Environmental protection bond fund; creation; composition; restricted subaccounts.
Sec. 19506.
(1)The environmental protection bond fund is created in the state treasury.
(2)The fund shall consist of all of the following:
(a)The proceeds of sales of general obligation bonds issued pursuant to former Act No. 326 of the Public Acts of 1988 or part 193 and any premium and accrued interest received on the delivery of the bonds.
(b)Any interest or earnings generated by the proceeds described in subdivision (a).
(c)Any repayment of principal and interest made under a loan program authorized in this part.
(d)Any federal funds received.
(3)The department of treasury may establish restricted subaccounts within the fund as necessary to administer the fund.
History: Add. 1995, Act 60, Imd. Eff. May 24, 1995
Popular Name: Act 451
Popular Name: NREPA
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.