Title 390, UNIVERSITIES AND COLLEGES

Sec. 7. (1) Beginning October 1, 2000, education savings accounts may be established under this act. (2) Any individual or entity described in section 2(b)(ii) may open 1 or more education savings accounts to save money to pay the qualified higher education expenses of 1 or more …

Sec. 8. (1) An account owner may designate another individual as a successor owner of the account in the event of the death of the account owner. (2) An account owner may change the designated beneficiary of an account to a member of the family of the previously designated benefi…

Sec. 9. (1) Except as otherwise provided in this section, an account owner or a designated beneficiary of any account shall not direct the investment of any contributions to an account or the earnings on an account. (2) An account owner may select among different investment strat…

Sec. 10. (1) The maximum account balance limit for all of the accounts that name any 1 individual as the designated beneficiary shall not exceed a maximum of $500,000.00. (2) The program shall reject a contribution to any account for a designated beneficiary if, at the time of th…

Sec. 11. (1) Each program manager shall report distributions from an account to any individual or for the benefit of any individual during a tax year to the internal revenue service and the account owner or, to the extent required by federal law or regulation, to the distributee.…

Sec. 12. Each program manager shall disclose the following information in writing to each account owner of an education savings account and any other person who requests information about an education savings account: (a) The terms and conditions for establishing an education sav…

Sec. 13. This act and any agreement under this act shall not be construed or interpreted to do any of the following: (a) Give any designated beneficiary any rights or legal interest with respect to an account unless the designated beneficiary is the account owner. (b) Guarantee t…

Sec. 14. (1) This act does not create and shall not be construed to create any obligation upon this state or any agency or instrumentality of this state to guarantee for the benefit of an account owner or designated beneficiary any of the following: (a) The rate of interest or ot…

Sec. 15. Each program manager shall file an annual report with the treasurer and the board that includes all of the following: (a) The names and identification numbers of account owners, designated beneficiaries, and distributees of family tuition accounts. The information report…

Sec. 16. (1) Contributions to and interest earned on an education savings account are exempt from taxation as provided in section 30 of the income tax act of 1967, 1967 PA 281, MCL 206.30. (2) Withdrawals made from education savings accounts are taxable as provided in section 30 …

Sec. 1. A school of osteopathic medicine is established and shall be located as determined by the state board of education at an existing campus of a state university with an existing school or college of medicine. The school must be headed by an osteopathic physician serving as …

Sec. 5. The board of control may confer appropriate degrees and grant diplomas for which accreditation has been received from appropriate national accreditation authorities; receive, hold and manage any gift, grant, bequest or devise of funds or property, real or personal, absolu…

Sec. 6. This act shall become effective when the school of osteopathic medicine is assigned by the state board of education as prescribed in section 1, and when such affiliation is accepted by the board of control of the established state institution of higher education. The stat…

Sec. 1. As used in this act: (a) "Lender" means an institution of higher education, a vocational school, a state agency, or a financial or credit institution in this state which makes or has made loans for educational purposes. (b) "Loan" means a loan of money for educational pur…

Sec. 2. (1) At the time a loan is made, and again immediately before a repayment schedule on the loan is signed by the borrower, the lender shall deliver a written statement to the borrower describing in detail whether an option exists, and if so, who may exercise the option, und…

Sec. 3. If a lender follows or adopts a policy or practice with respect to loans which restricts a repayment option or condition permitted to be made available on the loan, the lender shall disclose this in the manner prescribed in section 2(1) and shall describe how the lender's…

Sec. 4. A lender shall send a notice detailing the items required to be disclosed by section 2(1) to an obligor on a loan who requests the information in good faith. Thirty days before a lender places a loan in default status, the lender shall send a written notice to the obligor…

Sec. 1. The presiding officer of the board of control of the Michigan college of mines who is now designated as president shall hereafter be designated as chairman.

Sec. 1. (1) A Michigan public community college or public university or a federal tribally controlled community college described in subsection (2) shall waive tuition for any North American Indian who qualifies for admission as a full-time, part-time, or summer school student, a…

Sec. 2. For the purposes of this act, "North American Indian" means a person who is not less than 1/4 quantum blood Indian as certified by the person's tribal association and verified by the Michigan commission on Indian Affairs.

Sec. 2a. The Michigan commission on Indian Affairs shall annually, upon application therefore, reimburse each institution for the total amount of tuition waived during the prior fiscal year under section 1 of this act. The commission shall report to the legislature annually the n…

Sec. 3. This act shall take effect on August 1, 1976.

Sec. 14. Institutions of higher education shall furnish actual statistics reflecting full time equated students for each semester or term including summer school for the preceding fiscal year. Each budget request and the budget submitted to the legislature by the governor shall c…

Sec. 1. There is hereby established a state institution of higher education to be located in the industrial area of southeastern Michigan. The institution shall be maintained by the state of Michigan, and its facilities shall be made equally available and upon the same basis to a…

Sec. 3. There is established a "board of governors of Wayne state university" to consist of 8 members who shall be nominated and elected in accordance with the election laws of this state. The president of the university shall be ex officio a member of the board without the right…

Sec. 4. The board of governors of Wayne state university shall have general supervision of Wayne state university, and the direction and control of all university funds, and shall perform such other duties as may be prescribed by law. Members of the board shall serve without comp…

Sec. 5. (1) The board shall elect a secretary, a treasurer, and other officers as it considers necessary. A member of the board shall not be eligible to election as secretary or treasurer. Each officer shall serve a term of 1 year and until a successor has been elected and qualif…

Sec. 6. The board shall not borrow money on its general faith and credit, nor create any liens upon its property. The board, however, may borrow money to be used to acquire land or to acquire or erect buildings, or to alter, equip, or maintain them, to be used as dormitories, stu…

Sec. 7. Any school district or county or municipal corporation in said area possessed of any funds or property, real or personal, which it may desire to devote to promoting higher education may transfer and convey such funds and property to the board, and in connection therewith …

Sec. 8. The board shall be deemed a state agency, and as such shall have the right to acquire property as provided under the provisions of Act No. 149 of the Public Acts of 1911, as amended, being sections 213.21 to 213.41, inclusive, of the Compiled Laws of 1948.

Sec. 9. There is hereby appropriated to the board of governors of Wayne state university from the general fund of the state the sum of $3,239,633.00: Provided, however, That the funds herein appropriated shall not be expended by said board until and unless there shall have been t…

Sec. 1. The state board for public community and junior colleges is created and consists of 8 members. The state board of education shall appoint the members who shall hold office for terms of 8 years commencing on February 1, 1965, except that of the members first appointed, 2 m…

Sec. 2. The members of the state board for public community and junior colleges shall take the constitutional oath of office. As soon as convenient after the first members of the board are appointed they shall meet and organize by electing from their number a chairman, a secretar…

Sec. 3. A majority of the members of the state board for public community and junior colleges shall constitute a quorum. The board may transact all necessary business at any meeting at which a quorum is present.

Sec. 3a. The business which the state board for public community and junior colleges may perform shall be conducted in compliance with Act No. 267 of the Public Acts of 1976, being sections 15.261 to 15.275 of the Michigan Compiled Laws. Public notice of the time, date, and place…

Sec. 4. The officers and members of the state board for public community and junior colleges shall receive compensation for their actual services in amounts fixed by the legislature and also their necessary expenses to be paid by the state treasurer out of the general fund in acc…

Sec. 5. The state board for public community and junior colleges, at least once each year, shall advise the state board of education concerning general supervision and planning for such colleges and requests for annual appropriations for their support.

Sec. 6. This act shall take effect on January 1, 1965.

Sec. 1. The midwestern higher education compact is enacted into law and entered into with all jurisdictions legally joining in the compact, in the form substantially as follows: MIDWESTERN HIGHER EDUCATION COMPACT ARTICLE I. PURPOSE The purpose of the Midwestern Higher Education …

Sec. 2. (1) This state's members of the Midwestern Higher Education Commission created in section 1 must consist of all of the following: (a) The governor or the governor's designee. (b) One member of the senate, appointed by the senate majority leader. (c) One member of the hous…

Sec. 1. This act shall be known and may be cited as the "police officer's and fire fighter's survivor tuition grant act".

Sec. 2. As used in this act: (a) "Academic year" means the period from September 1 of a calendar year to August 31 of the next calendar year. (b) "Child" means an individual who is a natural or adopted child of a deceased Michigan police officer or deceased Michigan fire fighter …

Sec. 3. (1) The police officer's and fire fighter's survivor tuition program is created, to be administered by the department. (2) Beginning in the 2012-2013 academic year, the department shall provide a survivor's tuition grant in an amount determined by the department under sub…

Sec. 4. (1) Beginning in the 2012-2013 academic year, if it receives an application under section 3(2)(c) and subject to subsection (4), the department shall determine whether the applicant and the courses for which a survivor's tuition grant is sought meet the requirements of se…

Sec. 5. (1) The department shall do all of the following: (a) Administer the survivor's tuition grant program. (b) Verify the tuition rates certified by state institutions of higher education under section 3(2)(e). (c) Develop and provide forms and applications for use by survivo…

Sec. 6. The legislature annually shall appropriate the funds necessary to implement this act.