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2019 Michigan Compiled Laws
Chapter 141 - Municipal Financing
Act 187 of 2014 Michigan Settlement Administration Authority Act (141.1601 - 141.1611)
Section 141.1610 State Contribution; Obligation.
Universal Citation: MI Comp L § 141.1610 (2019)
141.1610 State contribution; obligation.
Sec. 10.
The obligation to make this state's contribution described in the contribution agreement is not a general obligation or indebtedness of this state or the authority and is subject to the fulfillment of the requirements of the contribution agreement, the plan for adjustment, and the order of a bankruptcy court.
History: 2014, Act 187, Imd. Eff. June 20, 2014
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