324.50159 Statement of liability on face of bond.
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/mi/chapter-324/324-50159A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
324.50159 Statement of liability on face of bond.
Sec. 50159.
The state shall not be liable on bonds of a district, and the bonds shall not be a debt of the state. The bonds shall contain on their face a statement to that effect.
History: Add. 1995, Act 57, Imd. Eff. May 24, 1995
Popular Name: Act 451
Popular Name: NREPA