Michigan § 125.2058 - Special fund; purpose.

Full text of Michigan Michigan Compiled Laws § 125.2058 — Special fund; purpose., with citation guidance and answers to common questions.

§ 125.2058. Special fund; purpose.

Sec. 58.

The fund may establish a special fund or funds solely to secure some or all of its obligations within the center for loan insurance into which fees or premiums collected by the fund for loan, debenture, or lease insurance, guarantees, or letters of credit may be deposited.

Frequently Asked Questions About Michigan § 125.2058

What does Michigan Compiled Laws § 125.2058 cover?

Section 125.2058 ("Special fund; purpose.") 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 § 125.2058?

A common citation format is "Michigan Compiled Laws § 125.2058" (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 § 125.2058 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.