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REPLACING OR PAYING OBLIGATIONS OF PUBLIC CORPORATION
Act 354 of 1972
AN ACT to authorize the replacement or payment without presentation of lost, destroyed or wrongfully taken bonds or other evidences of indebtedness issued by public corporations; and to prescribe the powers and duties of certain departments and agencies.
History: 1972, Act 354, Imd. Eff. Jan. 9, 1973
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Am. 1974, Act 142, Imd. Eff. June 5, 1974
© 2009 Legislative Council, State of Michigan
The People of the State of Michigan enact:
| Section 129.131 | Section | Definitions. |
| Section 129.132 | Section | Replacement obligations; prerequisites to issuance; exercise of powers by paying agent; resolution; execution; seal. |
| Section 129.133 | Section | Replacement obligations; form; security; execution; formal requirements; indorsement. |
| Section 129.134 | Section | Replacement of unmatured interest coupons; payment of matured interest coupons. |
| Section 129.135 | Section | Repealed. 2000, Act 117, Imd. Eff. May 26, 2000. |