There is a newer version of the Michigan Compiled Laws
2016 Michigan Compiled Laws
Chapter 129 - Public Funds
Act 226 of 2005 MICHIGAN TOBACCO SETTLEMENT FINANCE AUTHORITY ACT (129.261 - 129.279)
Section 129.275 Availability of funds.
MI Comp L § 129.275 (2016) What's This?
129.275 Availability of funds.
Sec. 15.
Subject to any agreements with bondholders, the authority has the power to use any funds available to purchase bonds of the authority at a price determined by the authority.
History: 2005, Act 226, Imd. Eff. Nov. 21, 2005
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