Sec. 24c. The authority may transfer the moneys held in the land acquisition and development fund to the housing development fund or to the rehabilitation fund in amounts the authority determines necessary.
Mich. Comp. Laws § 125.1424c, under STATE HOUSING DEVELOPMENT AUTHORITY ACT OF 1966.
Mich. Comp. Laws § 125.1424c
Sec. 24c. The authority may transfer the moneys held in the land acquisition and development fund to the housing development fund or to the rehabilitation fund in amounts the authority determines necessary.