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2019 Michigan Compiled Laws
Chapter 141 - Municipal Financing
Act 342 of 1969 Interest Rates for Public Corporations (141.151 - 141.153)
AN ACT to establish a maximum rate of interest at which public corporations may issue bonds and other evidences of indebtedness; and to authorize public corporations to establish, fix and adjust maximum rates of interest on certain assessments or contract obligations.
History: 1969, Act 342, Imd. Eff. Dec. 26, 1969 ;-- Am. 1971, Act 40, Imd. Eff. June 17, 1971
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