Main Content Act 204 of 1933 friendly link printer friendly bills affecting mcl index link Search within this Statute for DEFAULTED MUNICIPAL BONDSAct 204 of 1933AN ACT to authorize municipalities to call for and accept tenders of defaulted bonds. History: 1933, Act 204, Imd. Eff. June 28, 1933 The People of the State of Michigan enact: DocumentTypeDescription Section 141.211SectionDefaulted municipal bonds. Section 141.212SectionDefaulted municipal bonds; call for tenders. Section 141.213SectionDefaulted municipal bonds; tenders, acceptance or rejection. Section 141.214SectionDefaulted municipal bonds; payment of accepted tenders.