Michigan § 257.935 Disposition of revenues.

Michigan Statutes

§ 257.935 — Disposition of revenues.

Michigan § 257.935

Ch. 257MOTOR VEHICLES

Act 387 of 1978LOANS TO MOTOR CARRIERS (257.931-257.937)

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Bluebook

Mich. Comp. Laws § 257.935 (2026).

Text

LOANS TO MOTOR CARRIERS (EXCERPT) Act 387 of 1978 257.935 Disposition of revenues. Sec. 5.

(1)All revenues on loans made under section 1(1), including principal and interest payments and penalties, and money appropriated to the state recreational land acquisition trust fund under this act, shall be deposited in the state treasury and shall be credited to the state recreational land acquisition trust fund.

(2)All revenues on loans made under section 1(2), including principal and interest payments and penalties, shall be deposited in the state treasury and shall be credited to the general fund.

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LOANS TO MOTOR CARRIERS (EXCERPT) Act 387 of 1978 257.935 Disposition of revenues. Sec. 5. (1) All revenues on loans made under section 1(1), including principal and interest payments and penalties, and money appropriated to the state recreational land acquisition trust fund under this act, shall be deposited in the state treasury and shall be credited to the state recreational land acquisition trust fund. (2) All revenues on loans made under section 1(2), including principal and interest payments and penalties, shall be deposited in the state treasury and shall be credited to the general fund.