Michigan § 388.981c Bonds and notes; revised municipal finance act inapplicable; agency financing reporting act applicable.

Michigan Statutes

§ 388.981c — Bonds and notes; revised municipal finance act inapplicable; agency financing reporting act applicable.

Michigan § 388.981c

Ch. 388SCHOOLS AND SCHOOL AID

Act 112 of 1961STATE LOANS TO SCHOOL DISTRICTS (388.981-388.985)

This text of Michigan § 388.981c (Bonds and notes; revised municipal finance act inapplicable; agency financing reporting act applicable.) 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 § 388.981c (2026).

Text

STATE LOANS TO SCHOOL DISTRICTS (EXCERPT) Act 112 of 1961 388.981c Bonds and notes; revised municipal finance act inapplicable; agency financing reporting act applicable. Sec. 1c.

(1)Bonds and notes issued under this act are not subject to the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821.

(2)The issuance of bonds or notes under this act is subject to the agency financing reporting act.

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STATE LOANS TO SCHOOL DISTRICTS (EXCERPT) Act 112 of 1961 388.981c Bonds and notes; revised municipal finance act inapplicable; agency financing reporting act applicable. Sec. 1c. (1) Bonds and notes issued under this act are not subject to the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821. (2) The issuance of bonds or notes under this act is subject to the agency financing reporting act.