Section 141.2308 – Limited Tax Full Faith and Credit Pledge; Notice.
141.2308 Limited tax full faith and credit pledge; notice. Sec. 308. If a municipality issues a municipal security that contains the limited tax full faith and credit pledge of the municipality after October 1, 2002, a notice of at least 1 meeting at which a decision will be made or discussed with respect to the […]
Section 141.2309 – Sale of Municipal Security at Competitive or Negotiated Sale; Requirements.
141.2309 Sale of municipal security at competitive or negotiated sale; requirements. Sec. 309. (1) A municipality may sell an authorized municipal security at a competitive sale or a negotiated sale as determined in the authorizing resolution. If a municipality determines to sell a municipal security at a negotiated sale, the governing body shall expressly state […]
Section 141.2311 – Municipal Security; Registration; Facsimile Signatures; Transfer of Ownership; Delivery; Validity of Signature of Former Officer.
141.2311 Municipal security; registration; facsimile signatures; transfer of ownership; delivery; validity of signature of former officer. Sec. 311. (1) A municipal security may be registrable as to principal alone or as to both principal and interest under terms and conditions determined by the governing body of the issuing municipality. (2) A municipality may authorize a […]
Section 141.2301 – Issuance of Municipal Security.
141.2301 Issuance of municipal security. Sec. 301. A municipality shall not issue a municipal security except in accordance with this act. History: 2001, Act 34, Eff. Mar. 1, 2002