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Form a Business

Notes and bonds; liability of state.

MCL 125.1431
in effect
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125.1431. Notes and bonds; liability of state. Sec. 31. The state shall not be liable on notes or bonds of the authority and such notes and bonds shall not be a debt of the state. The notes and bonds shall contain on the face thereof a statement to such effect. 1966, Act 346, Eff. Mar. 10, 1967
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-125-1431Fetched: 10/20/2026

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