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Michigan Compiled Laws, Chapter 447. Foreign Trade § 447.205

Current as of January 01, 2025 | Updated by Findlaw Staff

Sec. 5. A loan which the director may recommend to the state treasurer to invest shall meet the following requirements:

(a) The agricultural commodities or other products purchased through the loan were produced or processed, in whole or in part, within the state.

(b) The terms of the loan would assist in making the sale competitive with the sale of agricultural commodities or other products of other states or foreign countries.

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Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 447. Foreign Trade § 447.205 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-447-foreign-trade/mi-comp-laws-447-205/

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