Sec. 10.
This act shall not be construed or interpreted as to authorize or permit the incurring of indebtedness of the state contrary to the provisions of the state constitution.
History: 1964, Act 183, Imd. Eff. May 19, 1964 ;-- Am. 1976, Act 240, Eff. Mar. 31, 1977 Compiler's Notes: For transfer of state building authority from department of technology, management, and budget to department of treasury, see E.R.O. No. 2013-3, compiled at MCL 125.1393.
Structure Michigan Compiled Laws
Chapter 830 - State Building Programs
Act 183 of 1964 - State Building Authority (830.411 - 830.425)
Section 830.411 - Definitions.
Section 830.411a - Legislative Findings.
Section 830.413 - Powers of Building Authority Generally.
Section 830.414 - Acquisition of Property; Condemnation.
Section 830.416 - Lease of Facilities to State; Term; Provisions.
Section 830.418 - Revenue Obligations Generally.
Section 830.418a - Reserve Fund; Creation; Purpose; Use of Income and Interest.
Section 830.419 - Obligations; Statutory First Lien; Enforcement.
Section 830.419a - Moneys of Building Authority; Contract With Bondholders; Security for Deposits.
Section 830.420 - Indebtedness of State.
Section 830.421 - Exemption From Taxation.
Section 830.421a - Liability on Notes or Bonds.
Section 830.422 - Investment in Bonds.
Section 830.423 - Declaration of Public Purpose; Liberal Construction.
Section 830.424 - Act Supplemental and Additional to Existing Powers.