No evidence of state indebtedness shall be issued except for debts authorized pursuant to this constitution.
History: Const. 1963, Art. IX, § 12, Eff. Jan. 1, 1964.
Former Constitution: See Const. 1908, Art. X, § 11.
Mich. Const. art. IX, § 12, under Finance and Taxation.
Mich. Const. art. IX, § 12
Evidence of state indebtedness
No evidence of state indebtedness shall be issued except for debts authorized pursuant to this constitution.
History: Const. 1963, Art. IX, § 12, Eff. Jan. 1, 1964.
Former Constitution: See Const. 1908, Art. X, § 11.