Michigan Statutes
§ 129.204 — Bond, surety, obligee.
Michigan § 129.204
JurisdictionMichigan
Ch. 129PUBLIC FUNDS
Act 213 of 1963CONTRACTOR'S BOND FOR PUBLIC BUILDINGS OR WORKS (129.201-129.212)
This text of Michigan § 129.204 (Bond, surety, obligee.) 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.
Bluebook
Mich. Comp. Laws § 129.204 (2026).
Text
CONTRACTOR'S BOND FOR PUBLIC BUILDINGS OR WORKS (EXCERPT) Act 213 of 1963 129.204 Bond, surety, obligee. Sec.
4.A bond shall be executed by a surety company authorized to do business in this state. In the case of a contract of the state or a department, board, commission, institution or agency thereof the bonds shall be payable to the people of the state. In the case of all other contracts the bonds shall be payable to the governmental unit.
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Legislative History
1963, Act 213, Eff. Sept. 6, 1963
Nearby Sections
15
§ 129.11
Public money; definition.§ 129.111
Short title.§ 129.112
Definitions.§ 129.115
Maintaining separate account for each participant; monthly statement of transactions; report.§ 129.116
Powers and duties of depository.§ 129.121
Short title; bond cremation act.§ 129.122
Bond cremation act; definitions.Cite This Page — Counsel Stack
Bluebook (online)
Michigan § 129.204, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/129/129.204.