Michigan Compiled Laws Act 121 Of 1969 Bonds Or Notes For Capital Improvements (141.381 - 141.383)

AN ACT to authorize counties, cities, townships and villages to issue bonds or notes, and pledge deferred income from sale of capital assets, due and payable but which has not been received, for the payment of principal and interest thereon; and to authorize the county, city, township or village to pledge its full faith and credit for the payment of the bonds or notes.

History: 1969, Act 121, Imd. Eff. July 29, 1969

Last modified: October 10, 2016