Michigan § 388.1611m - Fiscal year cash-flow borrowing costs.
Full text of Michigan Michigan Compiled Laws § 388.1611m — Fiscal year cash-flow borrowing costs., with citation guidance and answers to common questions.
§ 388.1611m. Fiscal year cash-flow borrowing costs.
From the state school aid fund money appropriated in section 11, there is allocated for 2025-2026 an amount not to exceed $5,000,000.00 for fiscal year cash-flow borrowing costs solely related to the state school aid fund established under section 11 of article IX of the state constitution of 1963.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 388.1611m
What does Michigan Compiled Laws § 388.1611m cover?
Section 388.1611m ("Fiscal year cash-flow borrowing costs.") 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 § 388.1611m?
A common citation format is "Michigan Compiled Laws § 388.1611m" (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 § 388.1611m 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.