Home/Michigan/Statutes/Ch. 390: UNIVERSITIES AND COLLEGES/Act 35 of 1970: OAKLAND UNIVERSITY (390.151-390.159)/§ 390.157
Michigan Statutes

§ 390.157 — Bonds, notes or other obligations; purchase by state prohibited.

Michigan § 390.157
JurisdictionMichigan
Ch. 390UNIVERSITIES AND COLLEGES
Act 35 of 1970OAKLAND UNIVERSITY (390.151-390.159)

This text of Michigan § 390.157 (Bonds, notes or other obligations; purchase by state prohibited.) 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 § 390.157 (2026).

Text

OAKLAND UNIVERSITY (EXCERPT) Act 35 of 1970 390.157 Bonds, notes or other obligations; purchase by state prohibited. Sec.

7.Bonds, notes or other obligations issued under the provisions of this act shall not be purchased by the state of Michigan.

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Legislative History

1970, Act 35, Imd. Eff. July 1, 1970

Nearby Sections

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Michigan state university; name, purpose.
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Institutions of higher education; statistics included in budget requests.
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Michigan state university; industries and labor relations center.
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Michigan state university; medical education program.
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Reimbursement of independent nonprofit institutions of higher education for earned degrees conferred upon Michigan residents; eligibility for allied health degree reimbursement; report; definitions.
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Qualifications for state payments.
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Certain degrees excluded from computation.
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§ 390.1024
§ 390.1025
Appropriations authorized.
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Payment and use of amounts appropriated; authorization of expenditures.
§ 390.1027
Eligibility to receive funds.
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Board of trustees; compensation, expenses.
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Bluebook (online)
Michigan § 390.157, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/390/390.157.