Sec. 7.
Bonds, notes or other obligations issued under the provisions of this act shall not be purchased by the state of Michigan.
History: 1970, Act 35, Imd. Eff. July 1, 1970
Structure Michigan Compiled Laws
Chapter 390 - Universities and Colleges
Act 35 of 1970 - Oakland University (390.151 - 390.159)
Section 390.151 - Oakland University; Establishment, Location; Board of Control.
Section 390.152 - Board of Control; Members, Terms.
Section 390.153 - Board of Control; Officers; Treasurer, Bond; Limitations.
Section 390.155 - Transfer of Assets and Facilities to Oakland University.
Section 390.156 - Board of Control; Borrowing Power; Acquisition of Property.
Section 390.157 - Bonds, Notes or Other Obligations; Purchase by State Prohibited.
Section 390.158 - Board of Control; Ordinances, Adoption, Amendment or Repeal; Violation, Penalty.