Michigan Compiled Laws § 38.1016 Prescribed Rate Of Interest; Definition.

38.1016 Prescribed rate of interest; definition.

Sec. 16.

“Prescribed rate of interest” means such rate or rates as shall from time to time be prescribed by the board.

History: 1957, Act 261, Eff. Sept. 27, 1957 ;-- Am. 1968, Act 99, Imd. Eff. June 7, 1968

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Last modified: October 10, 2016