Michigan § 125.2012a - Loan, loan insurance, or guarantee for public work; requirements.

Full text of Michigan Michigan Compiled Laws § 125.2012a — Loan, loan insurance, or guarantee for public work; requirements., with citation guidance and answers to common questions.

§ 125.2012a. Loan, loan insurance, or guarantee for public work; requirements.

Sec. 12a.

The fund shall not provide a loan, loan insurance, or guarantee for a public work which assists a project or exercise any of its power in relation to a project if completion of the project will cause the transfer of employment of more than 20 full-time persons from 1 or more municipalities of the state to the municipality for which the loan, loan insurance, or guarantee is provided or in which the project is located unless all of the following are met:

(a)

The fund provides notification to each municipality from which such employment is to be transferred.

(b)

If any notified municipality objects within 30 days to the transfer of the employment, the board votes by a majority vote of its members to enter the transaction notwithstanding the employment transfer and the objections to the transfer.

Source: official Michigan text · Last verified 2026-08-27

Frequently Asked Questions About Michigan § 125.2012a

What does Michigan Compiled Laws § 125.2012a cover?

Section 125.2012a ("Loan, loan insurance, or guarantee for public work; requirements.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Michigan § 125.2012a?

A common citation format is "Michigan Compiled Laws § 125.2012a" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Michigan law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.

How does Michigan § 125.2012a apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.