Statutes, codes, and regulations
Michigan Compiled Laws
Chapter 324 - NATURAL RESOURCES AND ENVIRONMENTAL PROTECTIONNATURAL RESOURCES AND ENVIRONMENTAL PROTECTION ACTArticle III - NATURAL RESOURCES MANAGEMENTSubarticle 2 - MANAGEMENT OF RENEWABLE RESOURCESSubchapter 4 - FORESTSDivision - THE TIMBER INDUSTRYPart 501 - FOREST IMPROVEMENTS
Subpart 7 - BOND ISSUANCE PROVISIONS
Section 324.50159 - Statement of liability on face of bond

Mich. Comp. Laws § 324.50159

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Current through Public Act 156 of the 2024 Legislative Session
Section 324.50159 - Statement of liability on face of bond

The state shall not be liable on bonds of a district, and the bonds shall not be a debt of the state. The bonds shall contain on their face a statement to that effect.

MCL 324.50159

Add. 1995, Act 57, Imd. Eff. 5/24/1995 .