Michigan Statutes

§ 390.931 — Bonds; negotiability; tax exemption.

Michigan § 390.931
JurisdictionMichigan
Ch. 390UNIVERSITIES AND COLLEGES
Act 295 of 1969HIGHER EDUCATION FACILITIES AUTHORITY ACT (390.921-390.934)

This text of Michigan § 390.931 (Bonds; negotiability; tax exemption.) 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 § 390.931 (2026).

Text

HIGHER EDUCATION FACILITIES AUTHORITY ACT (EXCERPT) Act 295 of 1969 390.931 Bonds; negotiability; tax exemption. Sec.

11.Bonds issued under this act shall be fully negotiable under the uniform commercial code, 1962 PA 174, MCL 440.1101 to 440.11102, and the bonds and the interest thereon are exempt from all taxation by this state or any of its political subdivisions.

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Legislative History

1969, Act 295, Imd. Eff. Aug. 11, 1969 ;-- Am. 2000, Act 356 , Eff. Mar. 28, 2001

Nearby Sections

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Bluebook (online)
Michigan § 390.931, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/390/390.931.