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2017 Michigan Compiled Laws
Chapter 12 - State Treasurer
Act 267 of 2011 EMPLOYMENT SECURITY FINANCING ACT (12.271 - 12.294)
AN ACT to authorize the issuance of bonds, notes, or other financial instruments; to create funds and accounts; to prescribe the powers and duties of the authority, the state treasurer, and certain other state officials and state employees; and to make appropriations and prescribe certain conditions for the appropriations.
History: 2011, Act 267, Imd. Eff. Dec. 19, 2011
- Section 12.271 Short title.
- Section 12.272 Definitions.
- Section 12.273 Powers; issuance of bonds.
- Section 12.274 Resolution; bond issue; payment; terms and conditions.
- Section 12.275 Bond issue; determination.
- Section 12.276 Sale of bonds; manner; proceeds.
- Section 12.277 Trust agreement or trust indenture.
- Section 12.278 Ancillary facility; enter into, amend, or terminate; purposes.
- Section 12.279 Bond or ancillary facility issued pursuant to act; evidence of validity.
- Section 12.280 Personal liability of board member or officer, appointee, or employee of authority; indemnification; conflict of interest.
- Section 12.281 Bonds subject to other acts.
- Section 12.282 Power to issue, sell, and deliver bonds; delegation.
- Section 12.283 Exercise of duties.
- Section 12.284 Additional powers.
- Section 12.285 Bond or ancillary facility; indebtedness, liability, or obligation not created.
- Section 12.286 Tax exemption.
- Section 12.287 Prohibited conduct; pledge and agreement.
- Section 12.288 Investment in sinking funds, money, or other funds.
- Section 12.289 Construction of act.
- Section 12.290 Use of funds to purchase bonds; price.
- Section 12.291 Appropriation.
- Section 12.292 Legal claims; jurisdiction.
- Section 12.293 Creation, perfection, priority, and enforcement of pledge of revenue or other security; negotiability of bonds.
- Section 12.294 Bonds; limitation.
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