{"data":{"id":"us-mi/mich.-comp.-laws-388.1764f","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 388.1764f","heading":"Procurement of diesel fuel.","body":"Sec. 164f.\n\nThe intermediate board of an intermediate district, the board of a district, or the board of directors of a public school academy may use funds appropriated under this article to enter into a swap, hedge, derivative, or similar agreement in connection with the procurement of diesel fuel. However, not more than 25% of a district's, public school academy's, or intermediate district's annual diesel fuel budget may be procured in the manner allowed under this section.","path":["MI Code","Chapter 388","Act Act-94-of-1979"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-388-1764f","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"b2305e9b95718e0be090104d30c6907bc0d46d805a53ca6400b15aa3f7dfb246","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-388.1764e","next":"us-mi/mich.-comp.-laws-388.1764i"},"notice":"GroundRules: Original legal text. Not legal advice."}