Michigan § 125.2025 - Actions by fund; equal opportunity criteria; considerations when entering transaction.
Full text of Michigan Michigan Compiled Laws § 125.2025 — Actions by fund; equal opportunity criteria; considerations when entering transaction., with citation guidance and answers to common questions.
§ 125.2025. Actions by fund; equal opportunity criteria; considerations when entering transaction.
All actions taken by the fund shall be necessary or convenient to achieve the purposes and objectives of this act or of the fund. The fund shall establish criteria to assure equal opportunity to women, minorities, and small businesses. When deciding whether to enter into a transaction, the fund shall consider whether:
The project is economically sound.
The project can be successfully completed.
The project is located or will locate in this state.
The project can be partially financed through ordinary means at reasonable terms.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 125.2025
What does Michigan Compiled Laws § 125.2025 cover?
Section 125.2025 ("Actions by fund; equal opportunity criteria; considerations when entering transaction.") 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 § 125.2025?
A common citation format is "Michigan Compiled Laws § 125.2025" (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 § 125.2025 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.