No county shall incur any indebtedness which shall increase its total debt beyond 10 percent of its assessed valuation.
History: Const. 1963, Art. VII, § 11, Eff. Jan. 1, 1964.
Former Constitution: See Const. 1908, Art. VIII, § 12.
Mich. Const. art. VII, § 11, under Local Government.
Mich. Const. art. VII, § 11
Indebtedness, limitation
No county shall incur any indebtedness which shall increase its total debt beyond 10 percent of its assessed valuation.
History: Const. 1963, Art. VII, § 11, Eff. Jan. 1, 1964.
Former Constitution: See Const. 1908, Art. VIII, § 12.