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Official Bonds; Acceptance Without Justification; Penalty; Liability - Mich. Comp. Laws Section 15.103Legal Research Home > Michigan Lawyer > Public Officers And Employees > Official Bonds; Acceptance Without Justification; Penalty; Liability - Mich. Comp. Laws Section 15.103 Act 179 of 1885 15.103 Official bonds; acceptance without justification; penalty; liability.
Sec. 3. Any person or persons receiving and accepting or approving any such bond without such justification shall be guilty of a misdemeanor, and shall further be liable for all damages that may be sustained or incurred by any person by reason of such defective bond being accepted or approved.
Last modified: January 1, 2008 |