2006 Michigan Compiled Laws - Act 106 of 1974


BONDS TO PROVIDE SERVICE BONUS FOR VIETNAM VETERANS

Act 106 of 1974

AN ACT to authorize the issuance of general obligation bonds of the state and to pledge the full faith and credit of the state for the payment of principal and interest thereon for a service bonus for certain veterans; to provide for other matters relating to the bonds and the use of the proceeds of sale of the bonds; and to provide for the submission of the question of the issuance of the bonds to the electors of the state.


History: 1974, Act 106, Eff. Nov. 5, 1974




The People of the State of Michigan enact:

DocumentDescription
Section 35.1001Definitions.
Section 35.1002Bonds.
Section 35.1003Service bonus for certain veterans.
Section 35.1004Powers of administrative board and legislature.
Section 35.1005Submission of question to electors.
Section 35.1006Nature of benefits; tax exemptions.
Section 35.1007Expiration of benefits.
Section 35.1008Duties of secretary of state.
Section 35.1009Appropriations.
Section 35.1010Condition to issuance of bonds.
Section 35.1011Effective date.

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