MCL - Act 106 of 1974


Act 106 of 1974

AN ACT to authorize the issuance of general obligation bonds of the state and to pledge the full faith and credit of the state for the payment of principal and interest thereon for a service bonus for certain veterans; to provide for other matters relating to the bonds and the use of the proceeds of sale of the bonds; and to provide for the submission of the question of the issuance of the bonds to the electors of the state.

History: 1974, Act 106, Eff. Nov. 5, 1974

The People of the State of Michigan enact:
Document Type Description
Section 35.1001 Section Definitions.
Section 35.1002 Section Bonds.
Section 35.1003 Section Service bonus for certain veterans.
Section 35.1004 Section Powers of administrative board and legislature.
Section 35.1005 Section Submission of question to electors.
Section 35.1006 Section Nature of benefits; tax exemptions.
Section 35.1007 Section Expiration of benefits.
Section 35.1008 Section Duties of secretary of state.
Section 35.1009 Section Appropriations.
Section 35.1010 Section Condition to issuance of bonds.
Section 35.1011 Section Effective date.