Sec. 613.
Refunding securities are not subject to section 503(1), (2), and (3).
History: 2001, Act 34, Eff. Mar. 1, 2002
Structure Michigan Compiled Laws
Chapter 141 - Municipal Financing
Act 34 of 2001 - Revised Municipal Finance Act (141.2101 - 141.2821)
34-2001-VI - Part VI Refunding (141.2601...141.2613)
Section 141.2601 - Issuance of Refunding Securities.
Section 141.2603 - Assumption of Outstanding Security by Another Municipality; Refunding.
Section 141.2607 - Application of Refunding Security Proceeds and Available Money.
Section 141.2609 - Conditions for Securing Certain Outstanding Municipal Securities.
Section 141.2613 - Refunding Securities; Effect of 141.2503.