Failure to apply for prequalification, qualification, or approval of bond before issuance.
MCL 388.1932
in effect388.1932. Failure to apply for prequalification, qualification, or approval of bond before issuance.
Sec. 12.
If a school district does not apply for prequalification or qualification or approval of a bond issue before the issuance of those bonds, the state treasurer shall not approve or qualify those bonds as qualified bonds under this act.
2005, Act 92, Imd. Eff. July 20, 2005
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-388-1932Fetched: 10/20/2026
