Public bodies, borrowing power

Mich. Const. art. IX, § 13, under Finance and Taxation.

Mich. Const. art. IX, § 13

Public bodies, borrowing power

Public bodies corporate shall have power to borrow money and to issue their securities evidencing debt, subject to this constitution and law.

History: Const. 1963, Art. IX, § 13, Eff. Jan. 1, 1964.