Title 17, STATE ADMINISTRATIVE BOARD

Sec. 2a. The state administrative board shall have the powers granted and perform the duties imposed under the Michigan renaissance zone act.

Sec. 2b. (1) The state administrative board shall also have the powers granted and perform the duties imposed under section 88i of the Michigan strategic fund act, 1984 PA 270, MCL 125.2088i. (2) The state administrative board shall employ the chief compliance officer described i…

Sec. 3. (1) The state administrative board shall exercise general supervisory control over the functions and activities of all administrative departments, boards, commissioners, and officers of the state, and of all state institutions. (2) Except as provided in subsection (5), th…

Sec. 1. The state administrative board is authorized and empowered to enter into contracts relating to any invention or discovery of any new and useful process, machine, manufacture, organism, product, or composition of matter, or any new and useful improvement thereof, or any in…

Sec. 2. Each such contract shall be subject to the approval of the attorney general of the state as to form and validity.

Sec. 3. All moneys received by virtue of any such contract shall be turned over to the state treasurer and credited to the general fund of the state.

Sec. 4. Any municipality in or near which a state institution may be located shall have authority to contract with the said institution by and through the governing body of that institution or the state administrative board for the disposal of sewage from such institution in a se…

Sec. 1. The state administrative board is authorized to borrow money and refund that borrowing, in whole or in part, when necessary, from time to time, on the full faith and credit of the state and issue notes, including refunding notes and commercial paper, of the state in antic…

Sec. 2. (1) The aggregate principal amount of outstanding notes shall not exceed 15% of undedicated revenues received by the state during the preceding fiscal year. Notes are not outstanding if issued and if paid or redeemed or if provision for payment or redemption has been made…

Sec. 3. Subject to the provisions of section 2, the notes shall become due at such time or times as determined by the state administrative board, and may be made payable prior to maturity at the option of the board or the holder of a note at such times and in such a manner as det…

Sec. 4. (1) The proceeds of any loan under this act shall not be used to pay in advance appropriations to any municipality as defined in section 103 of the revised municipal finance act, 2001 PA 34, MCL 141.2103. (2) Bonds, notes, and loans issued under this act are not subject t…

Sec. 5. Notes issued under this act before or after the effective date of this section and the interest on those notes shall be exempt from all taxation by the state or political subdivisions of the state.

Sec. 1. As used in this act, "private enterprise" means a business which provides goods or services and which is not a governmental entity.

Sec. 2. Unless otherwise agreed in writing, a principal executive department shall take all steps necessary to assure that payment for goods or services is mailed to a private enterprise within 45 days after the principal executive department receives the goods or services, a com…

Sec. 3. (1) If an invoice for goods or services received by a principal executive department is filled out incorrectly or contains a defect or impropriety, the principal executive department shall notify the private enterprise which submitted the invoice within 10 days after the …

Sec. 4. (1) Except as provided in section 5, if a payment owed by a principal executive department to a private enterprise for goods or services is past due, the principal executive department shall pay an additional amount equal to 0.75% of the payment to the private enterprise …

Sec. 5. (1) Section 4 shall not apply if a payment is delayed because of a good faith disagreement between a principal executive department and a private enterprise, unless the dispute is resolved in favor of the private enterprise. (2) Section 4 shall not apply if a payment by a…

Sec. 6. This act shall apply only to goods or services which are received and for which a complete invoice is received by a principal executive department after September 30, 1984.

Sec. 7. This act shall take effect September 30, 1984.

Sec. 1. The state administrative board is hereby authorized and empowered to lease to any state public building corporation, real property owned by the state of Michigan, acquired for the purpose of site or sites for public buildings, and to lease from any said public building co…