Section 141.381 – Issuance of Bonds and Notes; Resolution; Purpose; Pledges; Use of Proceeds; Debt Limitation; General Obligations.

141.381 Issuance of bonds and notes; resolution; purpose; pledges; use of proceeds; debt limitation; general obligations. Sec. 1. Any county, city, township or village, by resolution adopted by a majority vote of the members elect of its legislative body may authorize the issuance of bonds or notes of the county, city, township or village for […]

Section 141.382 – Form and Execution of Bonds or Notes; Principal and Interest; Maximum Due in One Year; Due Dates; Tax Exemptions.

141.382 Form and execution of bonds or notes; principal and interest; maximum due in one year; due dates; tax exemptions. Sec. 2. The bonds or notes authorized to be issued under this act shall be issued in the name of the county, city, township, or village and shall be executed in the manner provided by […]

Section 141.383 – Bonds or Notes Subject to MCL 141.2101 to 141.2821.

141.383 Bonds or notes subject to MCL 141.2101 to 141.2821. Sec. 3. The bonds or notes shall be subject to the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821. History: 1969, Act 121, Imd. Eff. July 29, 1969 ;– Am. 1983, Act 52, Imd. Eff. May 16, 1983 ;– Am. 2002, Act […]