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Michigan Compiled Laws Complete Through PA 19 of 2024
House: Adjourned until Tuesday, April 9, 2024 1:30:00 PM
Senate: Adjourned until Tuesday, April 9, 2024 10:00:00 AM


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451-1976-2-17
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THE REVISED SCHOOL CODE (EXCERPT)
Act 451 of 1976
Part 17
BONDS AND NOTES

DocumentTypeDescription
Section 380.1351SectionBorrowing money and issuing bonds; purposes; limitations; bonds or notes as full faith and credit tax limited obligations.
Section 380.1351aSectionBorrowing money and issuing bonds.
Section 380.1351bSectionAppreciation or sale at discount.
Section 380.1352SectionBorrowing money or issuing bonds; contract for legal representation.
Section 380.1356SectionOperating deficit; notes or bonds as school financing stability bonds; resolution; determination of deficit amount; pledge as security; agreement; lien; revenues held in trust; maturity; interest; installments; redemption; valid and binding general obligations; payment; use of proceeds; review and approval of budget.
Section 380.1361SectionBonds; election; ballot; surplusage.
Section 380.1362SectionBonds; issuance; conditions prescribed by school district board.
Section 380.1363SectionSchool districts subject to revised municipal finance act; handling moneys received to discharge indebtedness.
Section 380.1364SectionTax for payment of principal and interest.
Section 380.1371SectionDebt retirement fund; duties of treasurer.
Section 380.1372SectionDebt retirement fund; record of moneys; securities, and transactions; reports.
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