Michigan § 247.668m - Borrowing from a state infrastructure bank program.
Full text of Michigan Michigan Compiled Laws § 247.668m — Borrowing from a state infrastructure bank program., with citation guidance and answers to common questions.
§ 247.668m. Borrowing from a state infrastructure bank program.
(1) A local road agency or a public transportation system may borrow money from a state infrastructure bank program administered by the department in accordance with regulations of the state infrastructure bank program of the United States Department of Transportation.
(2) As used in this section:
(a) "Local road agency" means that term as defined in section 9a.
(b) "Public transportation system" means that term as defined in section 2 of the regional transit authority act, 2012 PA 387, MCL 124.542.
Frequently Asked Questions About Michigan § 247.668m
What does Michigan Compiled Laws § 247.668m cover?
Section 247.668m ("Borrowing from a state infrastructure bank program.") 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 § 247.668m?
A common citation format is "Michigan Compiled Laws § 247.668m" (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 § 247.668m 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.