Michigan Compiled Laws § 397.285 Issuance Of Limited Tax Bonds Or Notes By Resolution.


397.285 Issuance of limited tax bonds or notes by resolution.

Sec. 5.

Except as otherwise provided in section 4, a district library may issue limited tax bonds or notes by resolution of the board, without submitting the question to the electors of the district.


History: 1988, Act 265, Imd. Eff. July 15, 1988 ;-- Am. 1989, Act 25, Imd. Eff. May 22, 1989 ;-- Am. 2002, Act 345, Imd. Eff. May 23, 2002


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Last modified: October 10, 2016