Sec. 6. The authority may sell the bonds in the manner determined by the authority board at public or private sale and on either a competitive or negotiated basis. Proceeds of the bonds shall be applied as determined by, or pursuant to, a resolution of the authority and permitted under this act.
Sale of bonds; manner; proceeds.
Mich. Comp. Laws § 12.276, under EMPLOYMENT SECURITY FINANCING ACT.
Mich. Comp. Laws § 12.276