Section 254.364 – Refunding Bonds; Negotiability and Tax Exemption.
254.364 Refunding bonds; negotiability and tax exemption. Sec. 4. Refunding bonds issued under this act shall be deemed to be negotiable instruments under the laws of the state, and the principal of and interest on the bonds is not subject to taxation by the state or any taxing authority therein. History: 1966, Act 13, Imd. […]
Section 254.365 – Refunding Bonds; Execution, Officers, Manner.
254.365 Refunding bonds; execution, officers, manner. Sec. 5. The refunding bonds shall be executed for and on behalf of the state by the state treasurer and the secretary of state or their respective deputies. The right of a deputy to so act shall not be limited by any other statute specifying the circumstances under which […]