Michigan Compiled Laws § 35.1009 Appropriations.

35.1009 Appropriations.

Sec. 9.

After the issuance of the bonds authorized by this act or a series thereof it shall be the duty of the legislature and the legislature convenants that it will each year make appropriations fully sufficient to pay promptly when due the principal of and interest on all outstanding bonds authorized by this act and all costs incidental to the payment thereof.

History: 1974, Act 106, Eff. Nov. 5, 1974

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Last modified: October 10, 2016