Michigan Compiled Laws
Act 259 of 1982 - Payment of Full Faith and Credit Obligations (12.61 - 12.64)
Section 12.64 - Act as Contract With Holders of Obligations.

Sec. 4.
This act shall be deemed a contract with the holders from time to time of obligations of this state.
History: 1982, Act 259, Imd. Eff. Sept. 30, 1982

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 12 - State Treasurer

Act 259 of 1982 - Payment of Full Faith and Credit Obligations (12.61 - 12.64)

Section 12.61 - Purpose of Act; “Obligations” Defined.

Section 12.62 - Payment of Principal and Interest on Obligations of State; Duties of State Treasurer.

Section 12.63 - Enforcing Duties of State Treasurer by Action to Require Performance.

Section 12.64 - Act as Contract With Holders of Obligations.