Sec. 50117.
The security for the repayment of bonds issued by the district may be a pledge or mortgage on all lands owned by the district and all of the district's installations, buildings, and equipment, tools, furniture, fixtures, or other personal property owned by the district.
History: Add. 1995, Act 57, Imd. Eff. May 24, 1995 Popular Name: Act 451Popular Name: NREPA
Structure Michigan Compiled Laws
Chapter 324 - Natural Resources and Environmental Protection
Act 451 of 1994 - Natural Resources and Environmental Protection Act (324.101 - 324.90106)
Article III - Natural Resources Management (324.30101...324.83109)
451-1994-III-2 - Chapter 2 Management of Renewable Resources (324.40101...324.53519)
451-1994-III-2-4 - Subchapter 4 Forests (324.50101...324.53519)
451-1994-III-2-4-THE-TIMBER-INDUSTRY - The Timber Industry (324.50101...324.50707)
451-1994-III-2-4-THE-TIMBER-INDUSTRY-501 - Part 501 Forest Improvements (324.50101...324.50166)
Section 324.50110 - Repealed. 2013, Act 45, Imd. Eff. June 6, 2013.
Section 324.50112 - Repealed. 2013, Act 45, Imd. Eff. June 6, 2013.
Section 324.50114 - Notices; Contents; Certification.
Section 324.50115 - Mandate for Public Benefit; Standards for Conduct of Forest Practices.