{"data":{"id":"us-mi/mich.-comp.-laws-247.668m","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 247.668m","heading":"Borrowing from a state infrastructure bank program.","body":"Sec. 18m.\n\n(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.\n\n(2) As used in this section:\n\n(a) \"Local road agency\" means that term as defined in section 9a.\n\n(b) \"Public transportation system\" means that term as defined in section 2 of the regional transit authority act, 2012 PA 387, MCL 124.542.","path":["MI Code","Chapter 247","Act Act-51-of-1951"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-247-668m","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"a005919945c36a2677a41456621c828141ae02b33c88ae280cc8c0bcd85ffa0e","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-247.668l","next":"us-mi/mich.-comp.-laws-247.669"},"notice":"GroundRules: Original legal text. Not legal advice."}