Michigan § 125.2036 - Loan for economic development project; legal assurance as to use of money.
Full text of Michigan Michigan Compiled Laws § 125.2036 — Loan for economic development project; legal assurance as to use of money., with citation guidance and answers to common questions.
§ 125.2036. Loan for economic development project; legal assurance as to use of money.
A loan shall not be made from the private enterprise assistance account for an economic development project pursuant to section 33 unless significant private sector financial support is associated with the economic development project.
A loan shall not be made from the private enterprise assistance account pursuant to section 34 unless the fund is legally assured that the money will be used to assist economic development projects which also will have significant private sector financial support.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 125.2036
What does Michigan Compiled Laws § 125.2036 cover?
Section 125.2036 ("Loan for economic development project; legal assurance as to use of money.") 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 § 125.2036?
A common citation format is "Michigan Compiled Laws § 125.2036" (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 § 125.2036 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.