{"data":{"id":"us-mi/mich.-comp.-laws-125.2025","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 125.2025","heading":"Actions by fund; equal opportunity criteria; considerations when entering transaction.","body":"Sec. 25.\n\nAll actions taken by the fund shall be necessary or convenient to achieve the purposes and objectives of this act or of the fund. The fund shall establish criteria to assure equal opportunity to women, minorities, and small businesses. When deciding whether to enter into a transaction, the fund shall consider whether:\n\nThe project is economically sound.\n\nThe project can be successfully completed.\n\nThe project is located or will locate in this state.\n\nThe project can be partially financed through ordinary means at reasonable terms.","path":["MI Code","Chapter 125","Act Act-270-of-1984"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-125-2025","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"75841662596e11e0509138c0ade08ee9cfab57da74c5268491e20ab7e6c761e6","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-125.2024","next":"us-mi/mich.-comp.-laws-125.2026"},"notice":"GroundRules: Original legal text. Not legal advice."}