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84 chapters · 650 sections in this title.
Mich. Comp. Laws § 388.981 State loans to school districts; bonds, notes, or commercial paper.
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Sec. 1. (1) The people of this state by virtue of the provisions of section 16 of article IX of the state constitution of 1963 having authorized the state to borrow from time to time such amounts as shall be required, pledge its faith and credit, and issue its notes or bonds for …
Mich. Comp. Laws § 388.981a Issuance of bonds by state administrative board.
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Sec. 1a. The state administrative board may issue bonds, notes, or commercial paper to refund bonds, notes, or commercial paper issued under this act by the issuance of new bonds, notes, or commercial paper, whether or not the bonds, notes, or commercial paper to be refunded have…
Mich. Comp. Laws § 388.981b Security for payment or purchase of bonds, notes, or commercial paper; authorization and approval by state administrative board; authority of state treasurer or deputy treasurer.
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Sec. 1b. (1) The state administrative board may authorize and approve insurance contracts; agreements for lines of credit; letters of credit; commitments to purchase bonds, notes, or commercial paper; and any other transaction to provide security to assure timely payment or purch…
Mich. Comp. Laws § 388.981c Bonds and notes; revised municipal finance act inapplicable; agency financing reporting act applicable.
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Sec. 1c. (1) Bonds and notes issued under this act are not subject to the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821. (2) The issuance of bonds or notes under this act is subject to the agency financing reporting act.