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Michigan Administrative Code (Last Updated: November 16, 2016) |
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Department TA. Talent and Economic Development |
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Michigan State Housing Development Authority - General Rules |
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Part 6. AUTHORITY LOAN DOCUMENTS |
Section 125.161. Authority loan documents.
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(1) Forms of documents to be used with respect to development fund loans, mortgage loans, and the issuance and sale of authority notes and bonds shall be
prepared, and may be revised and amended, by the authority staff under direction of the executive director on behalf of the authority, subject to legal requirements.
(2) The appropriate forms of such documents shall be employed with respect to all matters relating to development fund loans and mortgage loans.
History: 1979 AC.