Michigan § 388.936 State loans to school district; false statements, concealment; penalty.

Michigan Statutes

§ 388.936 — State loans to school district; false statements, concealment; penalty.

Michigan § 388.936

Ch. 388SCHOOLS AND SCHOOL AID

Act 151 of 1955STATE LOANS TO SCHOOL DISTRICTS (388.931-388.938)

This text of Michigan § 388.936 (State loans to school district; false statements, concealment; penalty.) 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 § 388.936 (2026).

Text

STATE LOANS TO SCHOOL DISTRICTS (EXCERPT) Act 151 of 1955 388.936 State loans to school district; false statements, concealment; penalty. Sec.

6.Any person who shall knowingly make any false statement or conceal any material information for the purpose of obtaining a loan under the provisions of this act, or use the proceeds of a loan or any portion thereof for any purpose not authorized by this act shall be guilty of a felony.

Free access — add to your briefcase to read the full text and ask questions with AI

STATE LOANS TO SCHOOL DISTRICTS (EXCERPT) Act 151 of 1955 388.936 State loans to school district; false statements, concealment; penalty. Sec. 6. Any person who shall knowingly make any false statement or conceal any material information for the purpose of obtaining a loan under the provisions of this act, or use the proceeds of a loan or any portion thereof for any purpose not authorized by this act shall be guilty of a felony.