{"data":{"id":"us-mi/mich.-comp.-laws-285.257","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 285.257","heading":"Use of surplus money.","body":"Sec. 7.\n\nMoney declared by the authority to be surplus money which is not required to service bonds and notes, to pay administrative expenses of the authority, or to accumulate necessary operating or loss reserves shall be used by the authority to provide loans, grants, subsidies, and services to beginning farmers through any of the programs initiated by the authority pursuant to this act.","path":["MI Code","Chapter 285","Act Act-220-of-1982"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-285-257","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"19b118617270ece261da5cc7ffedeb9c3e6b0744d09f250a817b775fd4ae5168","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-285.256","next":"us-mi/mich.-comp.-laws-285.258"},"notice":"GroundRules: Original legal text. Not legal advice."}
