Michigan § 325.856 Suspension of repayment; duration; preparation, execution, and filing of termination statements and other documents; transfer of unexpended, unencumbered, or unreserved money in fund to general fund.

Michigan Statutes

§ 325.856 — Suspension of repayment; duration; preparation, execution, and filing of termination statements and other documents; transfer of unexpended, unencumbered, or unreserved money in fund to general fund.

Michigan § 325.856

Ch. 325HEALTH

Act 459 of 1982TOXIC SUBSTANCE LOAN REPAYMENT (325.851-325.858)

This text of Michigan § 325.856 (Suspension of repayment; duration; preparation, execution, and filing of termination statements and other documents; transfer of unexpended, unencumbered, or unreserved money in fund to general fund.) is published on Counsel Stack Legal Research, covering Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mich. Comp. Laws § 325.856 (2026).

Text

TOXIC SUBSTANCE LOAN REPAYMENT (EXCERPT) Act 459 of 1982 ***** 325.856 THIS SECTION DOES NOT APPLY AFTER JULY 7, 1986: See 325.856b ***** 325.856 Suspension of repayment; duration; preparation, execution, and filing of termination statements and other documents; transfer of unexpended, unencumbered, or unreserved money in fund to general fund. Sec. 6.

(1)After a showing of financial need, the requirement for repayment of a loan granted under former Act No. 273 of the Public Acts of 1978 may be suspended for a period of not more than 5 years beginning on January 1, 1983 by the department of treasury.

(2)The department, with the assistance of the department of attorney general, shall prepare, execute, and file all termination statements and other documents necessary to effectuate this sect

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TOXIC SUBSTANCE LOAN REPAYMENT (EXCERPT) Act 459 of 1982 ***** 325.856 THIS SECTION DOES NOT APPLY AFTER JULY 7, 1986: See 325.856b ***** 325.856 Suspension of repayment; duration; preparation, execution, and filing of termination statements and other documents; transfer of unexpended, unencumbered, or unreserved money in fund to general fund. Sec. 6. (1) After a showing of financial need, the requirement for repayment of a loan granted under former Act No. 273 of the Public Acts of 1978 may be suspended for a period of not more than 5 years beginning on January 1, 1983 by the department of treasury. (2) The department, with the assistance of the department of attorney general, shall prepare, execute, and file all termination statements and other documents necessary to effectuate this section. (3) All money in the fund which is unexpended, unencumbered, or unreserved at the end of each fiscal year of the state shall be transferred to the general fund of the state.