Sec. 9.
After the issuance of the bonds authorized by this act or a series thereof it shall be the duty of the legislature and the legislature convenants that it will each year make appropriations fully sufficient to pay promptly when due the principal of and interest on all outstanding bonds authorized by this act and all costs incidental to the payment thereof.
History: 1974, Act 106, Eff. Nov. 5, 1974
Structure Michigan Compiled Laws
Chapter 35 - Veterans and Members of Armed Forces
Act 106 of 1974 - Bonds to Provide Service Bonus for Vietnam Veterans (35.1001 - 35.1011)
Section 35.1001 - Definitions.
Section 35.1003 - Service Bonus for Certain Veterans.
Section 35.1004 - Powers of Administrative Board and Legislature.
Section 35.1005 - Submission of Question to Electors.
Section 35.1006 - Nature of Benefits; Tax Exemptions.
Section 35.1007 - Expiration of Benefits.
Section 35.1008 - Duties of Secretary of State.
Section 35.1009 - Appropriations.