Mich. Comp. Laws § 460.911
Definitions.
As used in this act: (a) "Department" means the department of energy, labor, and economic growth. (b) "Fund" means the energy efficiency and renewable energy revolving loan fund created in section 2.
Michigan Compiled Laws — ENERGY EFFICIENCY AND RENEWABLE ENERGY REVOLVING LOAN FUND (Act 242 of 2009)
Michigan · statute · 242 of 2009, Mich. Comp. Laws · 3 active provisions
Mich. Comp. Laws § 460.912
Energy efficiency and renewable energy revolving loan fund; creation; deposit of money or other assets; administration; expenditures; loan agreement; provisions.
(1) The energy efficiency and renewable energy revolving loan fund is created within the state treasury. (2) The state treasurer may receive money or other assets from any source for deposit into the fund. The state treasurer shall direct the investment of the fund. The state treasurer shall credit to the fund interest…
Mich. Comp. Laws § 460.913
Assistance with money received under American recovery and reinvestment act of 2009; condition.
If the department provides a grant, loan, or other form of assistance for an energy efficiency or renewable energy project with money received under the American recovery and reinvestment act of 2009, Public Law 111-5, including, but not limited to, money in the fund, the department shall not impose a condition on the…