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STATE LOANS TO SCHOOL DISTRICTS
Act 74 of 1955
AN ACT to authorize and provide for the issuance and sale of bonds of the state; to provide funds for making loans to school districts for payment of principal and interest on certain school bonds; and to provide for use of moneys repaid to the state by school districts.
History: 1955, Act 74, Imd. Eff. May 26, 1955
© 2009 Legislative Council, State of Michigan
The People of the State of Michigan enact:
|Section 388.921||Section||School loan bonds or notes; issuance, redemption, execution, interest, sale.
|Section 388.922||Section||School loan bonds or notes; deposit of proceeds.
|Section 388.923||Section||School loan bonds or notes; continuing appropriation for payment.
|Section 388.924||Section||School loans; repayment, reimbursement.
|Section 388.925||Section||School loans; notes; interest; maximum.