{"data":{"id":"us-mi/mich.-comp.-laws-285.256","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 285.256","heading":"Annual report.","body":"Sec. 6.\n\nThe authority shall submit to the governor, the speaker of the house of representatives, and the majority leader of the senate not later than January 15 of each year, a complete report on the activities of the authority. The report shall include all of the following:\n\nA description of its operations and accomplishments.\n\nAn accounting of its receipts and expenditures during the fiscal year, in accordance with the classifications it establishes for its operating and capital accounts.\n\nAn accounting of its assets and liabilities at the end of its fiscal year and the status of reserve, special, and other funds.\n\nA schedule of the bonds and notes outstanding at the end of its fiscal year and a statement of the amounts redeemed and issued during its fiscal year.\n\nA statement of its proposed and projected activities.\n\nRecommendations to the legislature.\n\nAn analysis of beginning farmer needs in the state.\n\nThe annual report shall identify the performance goals of the authority and clearly indicate the progress made to attain those goals during the reporting period. If possible, results shall be expressed in terms of number of loans and acres of agricultural land.","path":["MI Code","Chapter 285","Act Act-220-of-1982"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-285-256","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"a1a2258029ffc64b241cc5c70cb401e1a049e9f2478618ed00a0949583fe8c44","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-285.255","next":"us-mi/mich.-comp.-laws-285.257"},"notice":"GroundRules: Original legal text. Not legal advice."}