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Code · Michigan · Chapter 285 — Agriculture

285.269 Nonliability of state on notes or bonds of authority; statement.

67 words·~1 min read·/mi/chapter-285/285-269

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285.269 Nonliability of state on notes or bonds of authority; statement.
Sec. 19.
The state shall not be liable on notes or bonds of the authority and the notes and bonds shall not be a debt of the state. The notes and bonds shall contain on the face of the notes or bonds a statement to that effect.
History: 1982, Act 220, Imd. Eff. July 10, 1982
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