Michigan Compiled Laws § 324.50517 Purchasing, Holding, Canceling, Or Reselling Bonds Or Notes.

324.50517 Purchasing, holding, canceling, or reselling bonds or notes.

Sec. 50517.

The authority may purchase bonds or notes of the authority out of funds or money of the authority available for that purpose. The authority may hold, cancel, or resell authority bonds or notes subject to or in accordance with an agreement with holders of authority bonds or notes.

History: Add. 1995, Act 57, Imd. Eff. May 24, 1995
Popular Name: Act 451
Popular Name: NREPA

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Last modified: October 10, 2016