Michigan Compiled Laws
Chapter 17 - State Administrative Board
Act 266 of 1967 - State Indebtedness (17.451 - 17.455)

Section 17.451 - Borrowing Money and Issuing Notes in Anticipation of Undedicated Revenues; Purpose. - Sec. 1. The state administrative board is authorized to borrow...

Section 17.452 - Aggregate Principal Amount of Outstanding Notes; Limitation; Repayment of Indebtedness; Pledge and Deposit of Undedicated Revenues; Validity of Pledge; Transactions to Provide Security; Costs and Fees; Authorization of State Treasure... - Sec. 2. (1) The aggregate principal amount of outstanding notes...

Section 17.453 - Payment of Notes; Interest; Discount; Execution and Sale of Notes and Coupons; Authentication; Commercial Paper Dealer Agreements; Signature of Former State Treasurer. - Sec. 3. Subject to the provisions of section 2, the...

Section 17.454 - Use of Proceeds of Loan Restricted; Revised Municipal Finance Act Inapplicable; Issuance of Bonds and Notes Subject to Agency Financing Reporting Act. - Sec. 4. (1) The proceeds of any loan under this...

Section 17.455 - Notes and Interest Exempt From Taxation. - Sec. 5. Notes issued under this act before or after...