Form N-Q

UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

FORM N-Q


QUARTERLY SCHEDULE OF PORTFOLIO HOLDINGS OF REGISTERED MANAGEMENT INVESTMENT COMPANY

Investment Company Act file number         811-6383         

        Nuveen Michigan Quality Income Municipal Fund, Inc.         
(Exact name of registrant as specified in charter)

Nuveen Investments
        333 West Wacker Drive, Chicago, Illinois 60606         
(Address of principal executive offices) (Zip code)


Kevin J. McCarthy Vice President and Secretary
        333 West Wacker Drive, Chicago, Illinois 60606         
(Name and address of agent for service)

Registrant's telephone number, including area code:         312-917-7700        

Date of fiscal year end:            7/31          

Date of reporting period:         10/31/08         

Form N-Q is to be used by management investment companies, other than small business investment companies registered on Form N-5 (§§ 239.24 and 274.5 of this chapter), to file reports with the Commission, not later than 60 days after the close of the first and third fiscal quarters, pursuant to rule 30b1-5 under the Investment Company Act of 1940 (17 CFR 270.30b1-5). The Commission may use the information provided on Form N-Q in its regulatory, disclosure review, inspection, and policymaking roles.

A registrant is required to disclose the information specified by Form N-Q, and the Commission will make this information public. A registrant is not required to respond to the collection of information contained in Form N-Q unless the Form displays a currently valid Office of Management and Budget ("OMB") control number. Please direct comments concerning the accuracy of the information collection burden estimate and any suggestions for reducing the burden to the Secretary, Securities and Exchange Commission, 450 Fifth Street, NW, Washington, DC 20549-0609. The OMB has reviewed this collection of information under the clearance requirements of 44 U.S.C. § 3507.

Item 1. Schedule of Investments

    Portfolio of Investments (Unaudited)             
    Nuveen Michigan Quality Income Municipal Fund, Inc. (NUM)             
    October 31, 2008             
Principal        Optional Call         
Amount (000)    Description (1)    Provisions (2)    Ratings (3)    Value 
    Consumer Staples – 1.7% (1.1% of Total Investments)             
$      3,500    Michigan Tobacco Settlement Finance Authority, Tobacco Settlement Asset-Backed Revenue Bonds,    6/18 at 100.00    Baa3   $   2,616,215 
     Series 2008A, 6.875%, 6/01/42             
    Education and Civic Organizations – 6.7% (4.1% of Total Investments)             
700    Chandler Park Academy, Michigan, Public School Academy Charter School Revenue Bonds, Series    11/15 at 100.00    BBB    461,489 
     2005, 5.125%, 11/01/35             
1,685    Michigan Higher Education Facilities Authority, Limited Obligation Revenue Refunding Bonds,    9/11 at 100.00    Aa3    1,711,134 
     Kettering University, Series 2001, 5.500%, 9/01/17 – AMBAC Insured             
1,500    Michigan Higher Education Student Loan Authority, Revenue Bonds, Series 2000 XII-T, 5.300%,    No Opt. Call    AA    1,512,465 
     9/01/10 – AMBAC Insured (Alternative Minimum Tax)             
1,000    Michigan Higher Education Student Loan Authority, Revenue Bonds, Series 2002 XVII-G, 5.200%,    9/12 at 100.00    AA    865,680 
     9/01/20 – AMBAC Insured (Alternative Minimum Tax)             
1,115    Michigan Technological University, General Revenue Bonds, Series 2004A, 5.000%, 10/01/22 –    10/13 at 100.00    AA    1,086,590 
     MBIA Insured             
    Wayne State University, Michigan, General Revenue Bonds, Series 1999:             
3,430     5.250%, 11/15/19 – FGIC Insured    11/09 at 101.00    AA    3,453,598 
1,000     5.125%, 11/15/29 – FGIC Insured    11/09 at 101.00    AA    939,340 
10,430    Total Education and Civic Organizations            10,030,296 
    Health Care – 9.3% (5.8% of Total Investments)             
2,900    Michigan Hospital Financing Authority, Revenue Bonds, Oakwood Obligated Group, Series 2007A,    7/17 at 100.00    A    2,121,669 
     5.000%, 7/15/37             
2,700    Michigan State Hospital Finance Authority, Hospital Revenue Bonds, Detroit Medical Center    2/09 at 101.00    BB    1,794,609 
     Obligated Group, Series 1998A, 5.250%, 8/15/28             
1,000    Michigan State Hospital Finance Authority, Hospital Revenue Refunding Bonds, Memorial    11/09 at 101.00    BBB+    923,250 
     Healthcare Center Obligated Group, Series 1999, 5.875%, 11/15/21             
    Michigan State Hospital Finance Authority, Revenue Bonds, Chelsea Community Hospital,             
    Series 2005:             
1,025     5.000%, 5/15/30    5/15 at 100.00    BBB    750,659 
500     5.000%, 5/15/37    5/15 at 100.00    BBB    346,245 
1,500    Michigan State Hospital Finance Authority, Revenue Bonds, Marquette General Hospital, Series    5/15 at 100.00    Baa3    1,133,805 
     2005A, 5.000%, 5/15/26             
5,500    Royal Oak Hospital Finance Authority, Michigan, Hospital Revenue Bonds, William Beaumont    11/11 at 100.00    AA    4,900,500 
     Hospital, Series 2001M, 5.250%, 11/15/31 – MBIA Insured             
2,195    University of Michigan, Medical Service Plan Revenue Bonds, Series 1991, 0.000%, 12/01/10    No Opt. Call    AA+    2,055,793 
17,320    Total Health Care            14,026,530 
    Housing/Multifamily – 2.3% (1.4% of Total Investments)             
2,675    Michigan Housing Development Authority, FNMA Limited Obligation Multifamily Housing Revenue    12/20 at 101.00    AAA    2,190,905 
     Bonds, Parkview Place Apartments, Series 2002A, 5.550%, 12/01/34 (Alternative Minimum Tax)             
215    Michigan Housing Development Authority, Rental Housing Revenue Bonds, Series 1999A, 5.300%,    4/09 at 101.00    AA    166,653 
     10/01/37 – MBIA Insured (Alternative Minimum Tax)             
1,300    Michigan Housing Development Authority, Rental Housing Revenue Bonds, Series 2006D, 5.125%,    7/15 at 100.00    AAA    1,028,651 
     4/01/31 – FSA Insured (Alternative Minimum Tax)             
4,190    Total Housing/Multifamily            3,386,209 
    Long-Term Care – 0.5% (0.3% of Total Investments)             
1,000    Michigan State Hospital Finance Authority, Revenue Bonds, Presbyterian Villages of Michigan    5/15 at 100.00    N/R    678,230 
     Obligated Group, Series 2005, 5.250%, 11/15/25             
200    Michigan Strategic Fund, Limited Obligation Revenue Refunding Bonds, Porter Hills Presbyterian    7/09 at 100.00    BBB    157,836 
     Village, Series 1998, 5.375%, 7/01/28             
1,200    Total Long-Term Care            836,066 
    Materials – 0.7% (0.4% of Total Investments)             
1,250    Dickinson County Economic Development Corporation, Michigan, Pollution Control Revenue Bonds,    11/14 at 100.00    BBB    985,225 
     International Paper Company, Series 2004A, 4.800%, 11/01/18             
    Tax Obligation/General – 58.8% (36.2% of Total Investments)             
1,000    Anchor Bay School District, Macomb and St. Clair Counties, Michigan, General Obligation    5/12 at 100.00    AA–    978,030 
     Refunding Bonds, Series 2002, 5.000%, 5/01/25             
    Anchor Bay School District, Macomb and St. Clair Counties, Michigan, Unlimited Tax General             
    Obligation Refunding Bonds, Series 2001:             
2,500     5.000%, 5/01/21    5/11 at 100.00    AA–    2,500,000 
3,200     5.000%, 5/01/29    5/11 at 100.00    AA–    3,023,520 
1,000    Ann Arbor, Michigan, General Obligation Bonds, Court & Police Facilities Capital Improvement    5/18 at 100.00    AA+    917,900 
     Series 2008, 5.000%, 5/01/38             
1,320    Bridgeport Spaulding Community School District, Saginaw County, Michigan, General Obligation    5/12 at 100.00    AA–    1,395,108 
     Bonds, Series 2002, 5.500%, 5/01/16             
2,110    Caledonia Community Schools, Kent, Allegan and Barry Counties, Michigan, General Obligation    5/13 at 100.00    AA–    2,142,895 
     Bonds, Series 2003, 5.250%, 5/01/20             
1,000    Caledonia Community Schools, Kent, Allegan and Barry Counties, Michigan, General Obligation    5/15 at 100.00    AA    975,860 
     Bonds, Series 2005, 5.000%, 5/01/25 – MBIA Insured             
2,319    Caledonia Community Schools, Kent, Allegan and Barry Counties, Michigan, General Obligation    5/17 at 100.00    AA    1,725,359 
     Bonds, Tender Option Bond Trust 2008-1096, 5.580%, 5/01/32 – MBIA Insured (IF)             
2,000    Detroit City School District, Wayne County, Michigan, General Obligation Bonds, Series 2002A,    No Opt. Call    AA–    2,147,800 
     6.000%, 5/01/19 – FGIC Insured             
1,195    Detroit, Michigan, General Obligation Bonds, Series 2004A-1, 5.250%, 4/01/24 – AMBAC Insured    4/14 at 100.00    AA    1,095,480 
    Grand Rapids and Kent County Joint Building Authority, Michigan, Limited Tax General             
    Obligation Bonds, Devos Place Project, Series 2001:             
8,900     0.000%, 12/01/25    No Opt. Call    AAA    3,362,331 
3,000     0.000%, 12/01/26    No Opt. Call    AAA    1,059,360 
5,305     0.000%, 12/01/29    No Opt. Call    AAA    1,550,598 
1,700    Grand Rapids, Michigan, General Obligation Bonds, Series 2007, 5.000%, 9/01/27 – MBIA Insured    9/17 at 100.00    AA    1,641,537 
1,400    Howell Public Schools, Livingston County, Michigan, General Obligation Bonds, Series 2003,    11/13 at 100.00    AA–    1,400,000 
     5.000%, 5/01/21             
1,065    Jackson Public Schools, Jackson County, Michigan, General Obligation School Building and Site    5/14 at 100.00    AAA    1,049,589 
     Bonds, Series 2004, 5.000%, 5/01/22 – FSA Insured             
1,935    Kalamazoo Public Schools, Michigan, General Obligation Bonds, Series 2006, 5.000%, 5/01/25 –    5/16 at 100.00    AAA    1,892,488 
     FSA Insured             
2,505    Lincoln Consolidated School District, Washtenaw and Wayne Counties, Michigan, General    5/16 at 100.00    AA    2,444,529 
     Obligation Bonds, Series 2006, 5.000%, 5/01/25 – MBIA Insured             
2,810    Livonia Public Schools, Wayne County, Michigan, General Obligation Bonds, Series 2004A,    5/14 at 100.00    AA    2,810,000 
     5.000%, 5/01/21 – MBIA Insured             
865    Lowell Area Schools, Counties of Ionia and Kent, Michigan, General Obligation Bonds, Series    5/17 at 100.00    AAA    780,178 
     2007, 5.000%, 5/01/37 – FSA Insured             
1,500    Marshall Public Schools, Calhoun County, Michigan, General Obligation Bonds, Series 2007,    5/17 at 100.00    AA–    1,398,945 
     5.000%, 5/01/30 – SYNCORA GTY Insured             
2,100    Michigan Municipal Bond Authority, General Obligation Bonds, Detroit City School District,    6/15 at 100.00    AAA    2,123,982 
     Series 2005, 5.000%, 6/01/18 – FSA Insured             
4,000    Michigan, General Obligation Bonds, Environmental Protection Program, Series 2003A,    5/13 at 100.00    AA–    4,062,360 
     5.250%, 5/01/20             
2,500    Montrose School District, Michigan, School Building and Site Bonds, Series 1997, 6.000%,    No Opt. Call    AA    2,670,225 
     5/01/22 – MBIA Insured             
1,100    Muskegon County, Michigan, Limited Tax General Obligation Wastewater Management System 2    7/11 at 100.00    AA    1,050,225 
     Revenue Bonds, Series 2002, 5.000%, 7/01/26 – FGIC Insured             
1,000    Oakland County Building Authority, Michigan, General Obligation Bonds, Series 2002,    9/11 at 100.00    AAA    1,009,050 
     5.125%, 9/01/22             
2,250    Oakland Intermediate School District, Oakland County, Michigan, General Obligation Bonds,    5/17 at 100.00    AAA    2,035,485 
     Series 2007, 5.000%, 5/01/36 – FSA Insured             
1,595    Oakridge Public Schools, Muskegon County, Michigan, General Obligation Bonds, Series 2005,    5/15 at 100.00    AA    1,587,264 
     5.000%, 5/01/22 – MBIA Insured             
    Ottawa County, Michigan, Water Supply System, General Obligation Bonds, Series 2007:             
4,330     5.000%, 8/01/26 – MBIA Insured    8/17 at 100.00    Aa1    4,210,492 
1,120     5.000%, 8/01/30 – MBIA Insured    8/17 at 100.00    Aa1    1,045,330 
1,245    Parchment School District, Kalamazoo County, Michigan, General Obligation Bonds, Tender Option    5/17 at 100.00    AAA    738,484 
     Bond Trust 2836, 7.416%, 5/01/36 – FSA Insured (IF)             
4,340    Plymouth-Canton Community School District, Wayne and Washtenaw Counties, Michigan, General    5/14 at 100.00    AA    4,207,109 
     Obligation Bonds, Series 2004, 5.000%, 5/01/26 – FGIC Insured             
4,200    Puerto Rico, General Obligation and Public Improvement Bonds, Series 2001A, 5.500%, 7/01/20 –    No Opt. Call    AA    3,996,468 
     MBIA Insured             
1,000    Rockford Public Schools, Kent County, Michigan, General Obligation Bonds, Series 2008, 5.000%,    5/18 at 100.00    AAA    916,810 
     5/01/33 – FSA Insured             
3,175    South Redford School District, Wayne County, Michigan, General Obligation Bonds, School    5/15 at 100.00    AA    2,964,879 
     Building and Site, Series 2005, 5.000%, 5/01/30 – MBIA Insured             
1,655    Southfield Library Building Authority, Michigan, General Obligation Bonds, Series 2005,    5/15 at 100.00    AA+    1,609,852 
     5.000%, 5/01/26 – MBIA Insured             
2,200    Thornapple Kellogg School District, Barry County, Michigan, General Obligation Bonds, Series    5/17 at 100.00    AA    2,028,664 
     2007, 5.000%, 5/01/32 – MBIA Insured             
2,000    Trenton Public Schools District, Michigan, General Obligation Bonds, Series 2008, 5.000%,    5/18 at 100.00    AAA    1,825,480 
     5/01/34 – FSA Insured             
2,275    Troy City School District, Oakland County, Michigan, General Obligation Bonds, Series 2006,    5/16 at 100.00    AA    2,307,669 
     5.000%, 5/01/19 – MBIA Insured             
1,575    Van Dyke Public Schools, Macomb County, Michigan, General Obligation Bonds, School Building    5/18 at 100.00    AAA    1,418,429 
     and Site, Series 2008, 5.000%, 5/01/38 – FSA Insured             
5,000    Wayne County, Michigan, Limited Tax General Obligation Airport Hotel Revenue Bonds, Detroit    12/11 at 101.00    AA    4,907,100 
     Metropolitan Wayne County Airport, Series 2001A, 5.000%, 12/01/21 – MBIA Insured             
3,350    Wayne Westland Community Schools, Michigan, General Obligation Bonds, Series 2004, 5.000%,    11/14 at 100.00    AAA    3,461,957 
     5/01/17 – FSA Insured             
1,725    Williamston Community School District, Michigan, Unlimited Tax General Obligation QSBLF Bonds,    No Opt. Call    AA    1,770,678 
     Series 1996, 5.500%, 5/01/25 – MBIA Insured             
102,364    Total Tax Obligation/General            88,239,499 
    Tax Obligation/Limited – 17.6% (10.8% of Total Investments)             
1,000    Grand Rapids Building Authority, Kent County, Michigan, Limited Tax General Obligation Bonds,    No Opt. Call    AA    1,049,520 
     Series 1998, 5.000%, 4/01/16             
1,345    Grand Rapids Building Authority, Kent County, Michigan, Limited Tax General Obligation Bonds,    10/11 at 100.00    AA    1,308,833 
     Series 2001, 5.125%, 10/01/26 – MBIA Insured             
    Michigan Building Authority, Revenue Bonds, Series 2006IA:             
7,000     0.000%, 10/15/27 – FGIC Insured    10/16 at 58.27    AAA    2,079,490 
6,200     0.000%, 10/15/28 – FGIC Insured    10/16 at 55.35    AAA    1,719,260 
4,440     5.000%, 10/15/36 – FGIC Insured    10/16 at 100.00    A+    3,746,738 
40    Michigan Municipal Bond Authority, Local Government Loan Program Revenue Sharing Bonds, Series    11/08 at 100.00    Aa3    40,130 
     1992D, 6.650%, 5/01/12             
2,135    Michigan State Building Authority, Revenue Bonds, Facilities Program, Series 2005II, 5.000%,    10/15 at 100.00    AA    1,945,156 
     10/15/33 – AMBAC Insured             
    Michigan State Building Authority, Revenue Refunding Bonds, Facilities Program, Series 2003II:             
5,100     5.000%, 10/15/22 – MBIA Insured    10/13 at 100.00    AA    4,969,899 
5,000     5.000%, 10/15/23 – MBIA Insured    10/13 at 100.00    AA    4,841,250 
3,500    Michigan State Trunk Line, Fund Refunding Bonds, Series 2002, 5.250%, 10/01/21 – FSA Insured    10/12 at 100.00    AAA    3,530,625 
5,500    Puerto Rico Infrastructure Financing Authority, Special Tax Revenue Bonds, Series 2005A,    No Opt. Call    BBB+    1,119,140 
     0.000%, 7/01/32 – FGIC Insured             
41,260    Total Tax Obligation/Limited            26,350,041 
    Transportation – 0.7% (0.5% of Total Investments)             
1,000    Capital Region Airport Authority, Michigan, Revenue Refunding Bonds, Series 2002, 5.250%,    7/12 at 100.00    AA    870,450 
     7/01/21 – MBIA Insured (Alternative Minimum Tax)             
200    Kent County, Michigan, Airport Revenue Bonds, Series 1999, 5.000%, 1/01/25    1/09 at 101.00    AAA    194,794 
1,200    Total Transportation            1,065,244 
    U.S. Guaranteed – 38.0% (23.4% of Total Investments) (4)             
2,190    Anchor Bay School District, Macomb and St. Clair Counties, Michigan, General Obligation Bonds,    5/09 at 100.00    AA– (4)    2,237,545 
     Series 1999I, 6.000%, 5/01/29 (Pre-refunded 5/01/09) – FGIC Insured             
1,200    Birmingham, Michigan, General Obligation Bonds, Series 2002, 5.000%, 10/01/20    10/12 at 100.50    AAA    1,289,916 
     (Pre-refunded 10/01/12)             
935    Detroit, Michigan, Senior Lien Sewerage Disposal System Revenue Bonds, Series 2003A, 5.000%,    7/13 at 100.00    AAA    1,006,331 
     7/01/17 (Pre-refunded 7/01/13) – FSA Insured             
    Detroit, Michigan, Senior Lien Water Supply System Revenue Bonds, Series 2001A:             
3,400     5.750%, 7/01/28 (Pre-refunded 7/01/11) – FGIC Insured    7/11 at 101.00    A+ (4)    3,668,702 
770     5.250%, 7/01/33 (Pre-refunded 7/01/11) – FGIC Insured    7/11 at 100.00    A+ (4)    813,952 
730     5.250%, 7/01/33 (Pre-refunded 7/01/11) – FGIC Insured    7/11 at 100.00    A+ (4)    774,559 
    Detroit, Michigan, Senior Lien Water Supply System Revenue Bonds, Series 2003A:             
4,025     5.000%, 7/01/24 (Pre-refunded 7/01/13) – MBIA Insured    7/13 at 100.00    AA (4)    4,319,429 
1,500     5.000%, 7/01/25 (Pre-refunded 7/01/13) – MBIA Insured    7/13 at 100.00    AA (4)    1,609,725 
1,000    Detroit, Michigan, Sewerage Disposal System Revenue Bonds, Series 1999A, 5.875%, 7/01/27    1/10 at 101.00    Aaa    1,048,060 
     (Pre-refunded 1/01/10) – FGIC Insured             
1,085    Freeland Community School District, Saginaw, Midland and Bay Counties, Michigan, General    5/10 at 100.00    AA– (4)    1,132,729 
     Obligation Bonds, Series 2000, 5.250%, 5/01/19 (Pre-refunded 5/01/10)             
2,000    Lake Fenton Community Schools, Genesee County, Michigan, General Obligation Bonds, Series    5/12 at 100.00    AA– (4)    2,129,560 
     2002, 5.000%, 5/01/24 (Pre-refunded 5/01/12)             
1,790    Lansing Building Authority, Michigan, General Obligation Bonds, Series 2003A, 5.000%, 6/01/26    6/13 at 100.00    AA+ (4)    1,925,109 
     (Pre-refunded 6/01/13) – MBIA Insured             
3,880    Mayville Community Schools, Tuscola County, Michigan, General Obligation Bonds, School    11/14 at 100.00    AA– (4)    4,190,788 
     Building and Site Project, Series 2004, 5.000%, 5/01/34 (Pre-refunded 11/01/14) – FGIC Insured             
250    Michigan South Central Power Agency, Power Supply System Revenue Bonds, Series 2000, 6.000%,    No Opt. Call    A3 (4)    267,918 
     5/01/12 (ETM)             
    Michigan State Hospital Finance Authority, Hospital Revenue Bonds, Ascension Health Credit             
    Group, Series 1999A:             
1,000     6.125%, 11/15/23 (Pre-refunded 11/15/09) – MBIA Insured    11/09 at 101.00    AAA    1,048,430 
500     6.125%, 11/15/26 (Pre-refunded 11/15/09)    11/09 at 101.00    AAA    524,215 
5,000    Michigan State Hospital Finance Authority, Hospital Revenue Bonds, Henry Ford Health System,    11/09 at 101.00    A1 (4)    5,235,753 
     Series 1999A, 6.000%, 11/15/24 (Pre-refunded 11/15/09)             
1,500    Michigan State Hospital Finance Authority, Hospital Revenue Refunding Bonds, Henry Ford Health    3/13 at 100.00    A1 (4)    1,634,925 
     System, Series 2003A, 5.625%, 3/01/17 (Pre-refunded 3/01/13)             
    Michigan State Hospital Finance Authority, Hospital Revenue Refunding Bonds, Mercy Mt. Clemens             
    Corporation Obligated Group, Series 1999A:             
3,385     5.750%, 5/15/17 (Pre-refunded 5/15/09) – MBIA Insured    5/09 at 101.00    AA (4)    3,481,032 
500     5.750%, 5/15/29 (Pre-refunded 5/15/09) – MBIA Insured    5/09 at 101.00    AA (4)    514,185 
1,000    Michigan State Hospital Finance Authority, Hospital Revenue Refunding Bonds, OSF Healthcare    11/09 at 101.00    A (4)    1,048,430 
     System, Series 1999, 6.125%, 11/15/19 (Pre-refunded 11/15/09)             
3,460    Michigan State Hospital Finance Authority, Hospital Revenue Refunding Bonds, St. John’s Health    1/09 at 101.00    Aaa    3,371,493 
     System, Series 1998A, 5.000%, 5/15/28 – AMBAC Insured (ETM)             
1,000    Michigan State Trunk Line, Fund Bonds, Series 2001A, 5.000%, 11/01/25 (Pre-refunded    11/11 at 100.00    AAA    1,062,820 
     11/01/11) – FSA Insured             
2,000    Michigan, Certificates of Participation, Series 2000, 5.500%, 6/01/27 (Pre-refunded 6/01/10) –    6/10 at 100.00    AA (4)    2,099,900 
     AMBAC Insured             
700    Muskegon Heights, Muskegon County, Michigan, Water Supply System Revenue Bonds, Series 2000A,    11/10 at 100.00    A2 (4)    744,079 
     5.625%, 11/01/30 (Pre-refunded 11/01/10) – MBIA Insured             
1,125    Puerto Rico Highway and Transportation Authority, Highway Revenue Bonds, Series 2000B, 6.000%,    7/10 at 101.00    BBB+ (4)    1,195,335 
     7/01/39 (Pre-refunded 7/01/10)             
    Puerto Rico Public Finance Corporation, Commonwealth Appropriation Bonds, Series 2002E:             
85     6.000%, 8/01/26    No Opt. Call    BBB– (4)    93,384 
915     6.000%, 8/01/26    No Opt. Call    AAA    987,459 
4,100    Puerto Rico, Highway Revenue Bonds, Highway and Transportation Authority, Series 1996Y,    7/16 at 100.00    Aaa    4,578,347 
     5.500%, 7/01/36 (Pre-refunded 7/01/16)             
1,000    Rochester Community School District, Oakland and Macomb Counties, Michigan, General Obligation    5/10 at 100.00    AA– (4)    1,051,330 
     Bonds, Series 2000I, 5.750%, 5/01/19 (Pre-refunded 5/01/10) – FGIC Insured             
800    Romulus Community Schools, Wayne County, Michigan, Unlimited Tax General Obligation School    5/09 at 100.00    AA– (4)    816,504 
     Building and Site Bonds, Series 1999, 5.750%, 5/01/25 (Pre-refunded 5/01/09) – FGIC Insured             
1,050    Warren Consolidated School District, Macomb and Oakland Counties, Michigan, General Obligation    11/11 at 100.00    AAA    1,127,217 
     Bonds, Series 2001, 5.375%, 5/01/19 (Pre-refunded 11/01/11) – FSA Insured             
53,875    Total U.S. Guaranteed            57,029,161 
    Utilities – 15.8% (9.7% of Total Investments)             
5,000    Lansing Board of Water and Light, Michigan, Steam and Electric Utility System Revenue Bonds,    7/18 at 100.00    AA–    4,608,850 
     Series 2008A, 5.000%, 7/01/32             
3,000    Michigan Public Power Agency, Revenue Bonds, Combustion Turbine 1 Project, Series 2001A,    1/12 at 100.00    AA    2,874,420 
     5.250%, 1/01/27 – AMBAC Insured             
3,225    Michigan South Central Power Agency, Power Supply System Revenue Bonds, Series 2000,    No Opt. Call    A3    3,224,000 
     6.000%, 5/01/12             
1,000    Michigan Strategic Fund, Collateralized Limited Obligation Pollution Control Revenue Refunding    9/09 at 102.00    AA    837,360 
     Bonds, Detroit Edison Company, Series 1999A, 5.550%, 9/01/29 – MBIA Insured (Alternative             
     Minimum Tax)             
4,000    Michigan Strategic Fund, Collateralized Limited Obligation Pollution Control Revenue Refunding    9/11 at 100.00    A–    3,704,160 
     Bonds, Detroit Edison Company, Series 2001C, 5.450%, 9/01/29             
2,000    Michigan Strategic Fund, Limited Obligation Pollution Control Revenue Refunding Bonds, Detroit    No Opt. Call    Aa3    2,013,660 
     Edison Company, Series 1995CC, 4.850%, 9/01/30 (Mandatory put 9/01/11) – AMBAC Insured             
3,630    Michigan Strategic Fund, Limited Obligation Revenue Refunding Bonds, Detroit Edison Company,    No Opt. Call    AA    4,048,866 
     Series 1991BB, 7.000%, 5/01/21 – AMBAC Insured             
3,000    Michigan Strategic Fund, Limited Obligation Revenue Refunding Bonds, Detroit Edison Company,    12/12 at 100.00    Baa1    2,409,900 
     Series 2002C, 5.450%, 12/15/32 – SYNCORA GTY Insured (Alternative Minimum Tax)             
24,855    Total Utilities            23,721,216 
    Water and Sewer – 10.2% (6.3% of Total Investments)             
5,500    Detroit Water Supply System, Michigan, Water Supply System Revenue Bonds, Series 2006A,    7/16 at 100.00    AAA    4,855,785 
     5.000%, 7/01/34 – FSA Insured             
1,500    Detroit, Michigan, Senior Lien Sewerage Disposal System Revenue Bonds, Series 2001B, 5.500%,    No Opt. Call    AA    1,401,615 
     7/01/29 – FGIC Insured             
565    Detroit, Michigan, Senior Lien Sewerage Disposal System Revenue Bonds, Series 2003A, 5.000%,    7/13 at 100.00    AAA    574,599 
     7/01/17 – FSA Insured             
1,500    Detroit, Michigan, Senior Lien Water Supply System Revenue Bonds, Series 2003A, 5.000%,    7/13 at 100.00    AA    1,374,270 
     7/01/25 – MBIA Insured             
675    Grand Rapids, Michigan, Sanitary Sewer System Revenue Bonds, Series 2008, 5.000%, 1/01/38    1/18 at 100.00    AA+    608,141 
4,210    Michigan Municipal Bond Authority, Clean Water Revolving Fund Revenue Bonds, Series 2004,    10/14 at 100.00    AAA    4,309,356 
     5.000%, 10/01/19             
1,150    Michigan Municipal Bond Authority, Drinking Water Revolving Fund Revenue Bonds, Series 2004,    10/14 at 100.00    AAA    1,155,210 
     5.000%, 10/01/23             
1,000    Michigan Municipal Bond Authority, Water Revolving Fund Revenue Bonds, Series 2007,    10/17 at 100.00    AAA    1,002,100 
     5.000%, 10/01/24             
16,100    Total Water and Sewer            15,281,076 
$      277,544    Total Investments (cost $256,653,980) – 162.3%            243,566,778 
    Other Assets Less Liabilities – 0.3%            482,631 
    Preferred Shares, at Liquidation Value – (62.6)% (5)            (94,000,000)
    Net Assets Applicable to Common Shares – 100%          $  150,049,409 

(1)    All percentages shown in the Portfolio of Investments are based on net assets applicable to Common 
    shares unless otherwise noted. 
(2)    Optional Call Provisions: Dates (month and year) and prices of the earliest optional call or redemption. 
    There may be other call provisions at varying prices at later dates. Certain mortgage-backed securities 
    may be subject to periodic principal paydowns. 
(3)    Ratings: Using the higher of Standard & Poor's Group ("Standard & Poor's") or Moody's Investor Service, 
    Inc. ("Moody's") rating. Ratings below BBB by Standard & Poor's or Baa by Moody's are considered to be 
    below investment grade. 
    The Portfolio of Investments may reflect the ratings on certain bonds insured by ACA, AGC, AMBAC, CIFG, 
    FGIC, FSA, MBIA, RAAI and SYNCORA as of October 31, 2008. Subsequent to October 31, 2008, and during 
    the period this Portfolio of Investments was prepared, there may have been reductions to the ratings of 
    certain bonds resulting from changes to the ratings of the underlying insurers both during the period and 
    after period end. Such reductions would likely reduce the effective rating of many of the bonds insured by 
    that insurer or insurers presented at period end. 
(4)    Backed by an escrow or trust containing sufficient U.S. Government or U.S. Government agency securities 
    which ensure the timely payment of principal and interest. Such investments are normally considered to 
    be equivalent to AAA rated securities. 
(5)    Preferred Shares, at Liquidation Value as a percentage of Total Investments is 38.6%. 
N/R    Not rated. 
(ETM)    Escrowed to maturity. 
(IF)    Inverse floating rate investment. 

Fair Value Measurements

During the current fiscal period, the Fund adopted the provisions of Statement of Financial Accounting Standards No. 157 (SFAS No.157) "Fair Value Measurements." SFAS No. 157 defines fair value, establishes a framework for measuring fair value in generally accepted accounting principles, and expands disclosure about fair value measurements. In determining the value of the Fund's investments various inputs are used. These inputs are summarized in the three broad levels listed below:

Level 1 – Quoted prices in active markets for identical securities. 
Level 2 – Other significant observable inputs (including quoted prices for similar securities, interest rates, 
              prepayment speeds, credit risk, etc.). 
Level 3 – Significant unobservable inputs (including management's assumptions in determining the fair 
              value of investments). 

The inputs or methodology used for valuing securities are not an indication of the risk associated with investing in those securities.

The following is a summary of the Fund's fair value measurements as of October 31, 2008:

    Level 1    Level 2    Level 3    Total 
Investments    $ —    $243,566,778    $ —    $243,566,778 

Income Tax Information

The following information is presented on an income tax basis. Differences between amounts for financial statement and federal income tax purposes are primarily due to timing differences in recognizing taxable market discount, timing differences in recognizing certain gains and losses on investment transactions and the treatment of investments in inverse floating rate transactions subject to SFAS No. 140. To the extent that differences arise that are permanent in nature, such amounts are reclassified within the capital accounts on the Statement of Assets and Liabilities presented in the annual report, based on their federal tax basis treatment; temporary differences do not require reclassification. Temporary and permanent differences do not impact the net asset value of the Fund.

At October 31, 2008, the cost of investments was $256,766,220.

Gross unrealized appreciation and gross unrealized depreciation of investments at October 31, 2008, were as follows:

Gross unrealized:     
  Appreciation    $  4,499,340 
  Depreciation    (17,698,782)
Net unrealized appreciation (depreciation) of investments    $(13,199,442)

Item 2. Controls and Procedures.

  1. The registrant's principal executive and principal financial officers, or persons performing similar functions, have concluded that the registrant's disclosure controls and procedures (as defined in Rule 30a-3(c) under the Investment Company Act of 1940, as amended (the "1940 Act") (17 CFR 270.30a-3(c))) are effective, as of a date within 90 days of the filing date of this report that includes the disclosure required by this paragraph, based on their evaluation of the controls and procedures required by Rule 30a-3(b) under the 1940 Act (17 CFR 270.30a-3(b)) and Rule 13a-15(b) or 15d-15(b) under the Securities Exchange Act of 1934 (17 CFR 240.13a-15(b) or 240.15d-15(b)).
  2. There were no changes in the registrant's internal control over financial reporting (as defined in Rule 30a-3(d) under the 1940 Act (17 CFR 270.30a-3(d)) that occurred during the registrant's last fiscal quarter that have materially affected, or are reasonably likely to materially affect, the registrant's internal control over financial reporting.

Item 3. Exhibits.

File as exhibits as part of this Form a separate certification for each principal executive officer and principal financial officer of the registrant as required by Rule 30a-2(a) under the 1940 Act (17 CFR 270.30a-2(a)), exactly as set forth below: See EX-99 CERT attached hereto.


SIGNATURES

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

(Registrant)         Nuveen Michigan Quality Income Municipal Fund, Inc.         

By (Signature and Title)          /s/ Kevin J. McCarthy                    
                                                  Kevin J. McCarthy
                                                  Vice President and Secretary

Date         December 30, 2008        

Pursuant to the requirements of the Securities Exchange Act of 1934 and the Investment Company Act of 1940, this report has been signed below by the following persons on behalf of the registrant and in the capacities and on the dates indicated.

By (Signature and Title)         /s/ Gifford R. Zimmerman                    
                                                 Gifford R. Zimmerman
                                                 Chief Administrative Officer (principal executive officer) 

Date         December 30, 2008        

By (Signature and Title)         /s/ Stephen D. Foy                              
                                                 Stephen D. Foy
                                                 Vice President and Controller (principal financial officer) 

Date        December 30, 2008