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Public Act Number: 152
Public Act Year: 1997
Document Type(s): MCLs
(4 results found)
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Document Type Description
Section 380.629 Section Borrowing by intermediate school board; purposes; limitations on borrowing money or issuing bonds; resolution by constituent school district not to participate in cooperative program or conduct election.
Section 380.1225 Section Power of board to borrow money and issue notes; purpose; pledging money to be received from state school aid; notes as full faith and credit obligations; agreement with Michigan finance authority; due date; limitation; school district not able to redeem notes within 372 days of issuance; multi-year repayment agreement; notes issued for next succeeding fiscal year; maturity; failure to receive state school aid; number of borrowings; obtaining line of credit.
Section 380.1351 Section Borrowing money and issuing bonds; purposes; limitations; bonds or notes as full faith and credit tax limited obligations.
Section 380.1351a Section Borrowing money and issuing bonds.