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Michigan Compiled Laws — INTEREST RATES FOR PUBLIC CORPORATIONS (Act 342 of 1969)

Michigan · statute · 342 of 1969, Mich. Comp. Laws · 3 active provisions

3 active provisions.

Mich. Comp. Laws § 141.152

Maximum interest rate on certain bonds and evidences of indebtedness.

Notwithstanding the provisions of any other law, charter provision, ordinance, ballot or other proceedings to the contrary, any public corporation may agree or contract to pay interest on bonds or other evidences of indebtedness issued by it pursuant to law, subject where required by law to the prior permission of the…

MichiganINTEREST RATES FOR PUBLIC CORPORATIONSeffective
Mich. Comp. Laws § 141.153

Maximum interest rate on assessments or certain contract obligations; adjustment.

Notwithstanding the provisions of any other law, charter provision or ordinance to the contrary, any assessment made by a public corporation against any corporation, public or private, or any firm or person, or any contract obligation incurred by a public corporation, in anticipation of which bonds are to be issued, ma…

MichiganINTEREST RATES FOR PUBLIC CORPORATIONSeffective