Michigan Compiled Laws § 765.18 Deposit Of Cash; Redemption Before Forfeiture By Substitution Of Bond.

765.18 Deposit of cash; redemption before forfeiture by substitution of bond.

Sec. 18.

Any person, firm or corporation availing himself or itself of the provisions of this chapter may, at any time before forfeiture of the same, redeem any cash or securities so deposited by substituting the bond originally required or permitted.

History: 1927, Act 175, Eff. Sept. 5, 1927 ;-- CL 1929, 17180 ;-- CL 1948, 765.18
Former Law: See section 6 of Act 332 of 1919.

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Last modified: October 10, 2016