Michigan Municipal Bond Authority definition

Michigan Municipal Bond Authority means the body corporate, separate and distinct from this state, created within the Department of Treasury under Sections 4 and 6 of the Shared Credit Rating Act, 1985 PA 227, MCL 141.1054 and 141.1056, and modified by Executive Order 2002-12, MCL 12.193.
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Michigan Municipal Bond Authority means that authority created in the shared credit rating act, 1985 PA 227, MCL 141.1051 to 141.1078.
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Examples of Michigan Municipal Bond Authority in a sentence

  • The administrative staff of the Michigan Higher Education Assistance Authority, the Michigan Higher Education Facilities Authority, the Michigan Higher Education Student Loan Authority, the Michigan Municipal Bond Authority, and the State Hospital Finance Authority are hereby combined into a single work unit under the direction and supervision of the State Treasurer, thereby merging the administrative staff from each separate authority into this work unit.

  • The Michigan Higher Education Assistance Authority, the Michigan Higher Education Facilities Authority, the Michigan Higher Education Student Loan Authority, the Michigan Municipal Bond Authority, and the State Hospital Finance Authority shall retain, with the exception of those functions set forth in paragraph II.

  • The "Michigan Municipal Bond Authority" means the body corporate, separate and distinct from the state, created within the Department of Treasury by Act No. 227 of the Public Acts of 1985, as amended, being Section 141.1051 et seq.

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  • The State Treasurer shall, in the State Treasurer's discretion, ensure that the administrative staff resources available to the Michigan Higher Education Assistance Authority, the Michigan Higher Education Facilities Authority, the Michigan Higher Education Student Loan Authority, the Michigan Municipal Bond Authority, and the State Hospital Finance Authority are sufficient to perform the functions of the respective authorities as provided for by law.

  • All records, personnel, property, grants and unexpended balances of appropriations, allocations and other funds used, held, employed, available or to be made available to any entity for the activities, powers, duties, functions and responsibilities transferred from the Michigan Municipal Bond Authority and the Michigan Strategic Fund by this Order are hereby transferred to the Michigan Public Educational Facilities Authority.

  • The "Michigan Municipal Bond Authority" means the body corporate created under the Shared Credit Rating Act, Act No. 227 of the Public Acts of 1985, as amended, being Section 141.1051 et seq.

  • The Board of Trustees of the Michigan Municipal Bond Authority is abolished.

  • Under a purchase contract, the Michigan Municipal Bond Authority has acquired all the bonds, and is paying the bond proceeds through the State Water Pollution Control Revolving Fund, commonly known as State Revolving Fund (SRF).

  • This fund would be assigned the proceeds of bonds or notes issued by the Michigan Municipal Bond Authority (MMBA), revenue of the MMBA, contributions from the State including dollars resulting from the assignment of the right to receive loan repayments on qualified loans made or authorized under a school loan act, or repayments from the revolving fund.

Related to Michigan Municipal Bond Authority

  • Road authority means each governmental agency with jurisdiction over public streets and highways. Road authority includes the department, any other state agency, and intergovernmental, county, city, and village governmental agencies responsible for the construction, repair, and maintenance of streets and highways. When a street railway operates or seeks to operate a street railway system over public streets and highways over which more than 1 road authority possesses jurisdiction, road authority includes each road authority with jurisdiction over public streets and highways upon which the street railway operates or seeks to operate a street railway system.

  • Lead Authority means a local authority in Wales acting as the Lead Regional Transport Authority for one or more of its Constituent Local Authorities;

  • prescribed authority means the authorities specified in Rule 12 of Plastic Waste Management and Handling Rules, 2016, and Commissioner, Municipal Corporations, Chief Executive Officer/Executive Officer, Urban Local Bodies ;

  • designated authority means such authority as may be notified by the Commissioner;

  • second authority means the authority to which a mover is liable to make payments for the new dwelling;

  • Municipal bond means a bond or evidence of indebtedness issued by a municipality or other political subdivision of a state.

  • Combined Authority means an authority established under section 103(1) of the Local Democracy, Economic Development and Construction Act 2009 or an authority to which a delegation of the Secretary of State’s functions has been made under section 39A of the Greater London Authority Act 1999;

  • Delegated Authority means any person or committee delegated with authority by the Municipality in terms of the provisions of the Municipal Finance Management Act.

  • Authorized Authority means, in relation to any person, transaction or event, any: (A) federal, provincial, municipal or local governmental body (whether administrative, legislative, executive or otherwise), both domestic and foreign; (B) agency, authority, commission, instrumentality, regulatory body, court, central bank or other entity exercising executive, legislative, judicial, taxing, regulatory or administrative powers or functions of or pertaining to government; (C) court, arbitrator, commission or body exercising judicial, quasi-judicial, administrative or similar functions; and (D) other body or entity created under the authority of or otherwise subject to the jurisdiction of any of the foregoing, including any stock or other securities exchange, in each case having jurisdiction over such person, transaction or event; and

  • requested authority means a competent administrative authority which has been designated by a Party for this purpose and which receives a request for assistance on the basis of this Protocol;

  • Municipal Bonds means "Municipal Bonds" as defined in the Corporation's Registration Statement on Form N-2 (File No. 333-_____) relating to the AMPS on file with the Securities and Exchange Commission, as such Registration Statement may be amended from time to time, as well as short-term municipal obligations, High Yield Municipal Bonds and Inverse Floaters.

  • Award Authority means the authority having the jurisdiction to award the Contract according to the City’s by-laws, policies or procedures;

  • Water Authority means the body corporate known as the Water Authority of Western Australia established by the Water Authority Xxx 0000;

  • Contract Authority means the Board of Supervisors or the head of the department or agency presenting the proposed contract to the Board of Supervisors.

  • Antitrust Authority means the Antitrust Division of the United States Department of Justice or the United States Federal Trade Commission.

  • PURCHASE AUTHORITY means the officer signing the acceptance of tender and shall include any officer who has authority to execute the relevant contract on behalf of the purchaser.

  • public authority means any authority or body or institution of self- government established or constituted—

  • State authority means the hospital finance authority created by this act.

  • Corporate Authorities means the City Council of the City.

  • Highway authority means the state highway commission, a board of county road commissioners or the governing body of a city or village.

  • Administrative authority means the state or local official responsible for the administration and enforcement of this act.

  • Sanitary sewer authority means the department, agency, or public entity with responsibility to review and approve the feasibility of sanitary sewer services or onsite wastewater systems.

  • municipal council or "council" means the council of a municipality referred to in section 18 of the Municipal Structures Act;

  • Appropriate Authority means any government or taxing authority.

  • Legislative authority means, with respect to a regional transit authority, the board of trustees thereof, and with respect to a county that is a transit authority, the board of county commissioners.

  • Chartering Authority means (i) with respect to a national bank, the Office of the Comptroller of the Currency, (ii) with respect to a Federal savings association or savings bank, the Office of Thrift Supervision, (iii) with respect to a bank or savings institution chartered by a State, the agency of such State charged with primary responsibility for regulating and/or closing banks or savings institutions, as the case may be, (iv) the Corporation in accordance with 12 U.S.C. Section 1821(c), with regard to self appointment, or (v) the appropriate Federal banking agency in accordance with 12 U.S.C. 1821(c)(9).