For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Bonds, notes or other obligations; purchase by state prohibited.

MCL 390.157
in effect
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390.157. Bonds, notes or other obligations; purchase by state prohibited. Sec. 7. Bonds, notes or other obligations issued under the provisions of this act shall not be purchased by the state of Michigan. 1970, Act 35, Imd. Eff. July 1, 1970
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-390-157Fetched: 10/20/2026

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