Michigan Constitution

Article IX, § 18 — State credit

Michigan Const. art. IX, § 18

This text of Michigan Const. art. IX, § 18 (State credit) is published on Counsel Stack Legal Research, covering Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

JurisdictionMichiganDocumentConstitution
ArticleIX
Section§ 18
CitationMichigan Const. art. IX, § 18
Bluebook
Mich. Const. art. IX, § 18.

Full Text

Sec. 18. The credit of the state shall not be granted to, nor in aid of any person, association or corporation, public or private, except as authorized in this constitution. Investment of public funds. This section shall not be construed to prohibit the investment of public funds until needed for current requirements or the investment of funds accumulated to provide retirement or pension benefits for public officials and employees, as provided by law.

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History

History: Const. 1963, Art. IX, § 18, Eff. Jan. 1, 1964.; Former constitution: See Const. 1908, Art. X, § 12.

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Bluebook (online)
Michigan Const. art. IX, § 18, Counsel Stack Legal Research, https://law.counselstack.com/constitution/mi/IX/18.