STATUTES

STATE STATUTES & CODES

MICHIGAN STATUTES AND CODES

Act 175 of 1952 - BORROWING FROM MOTOR VEHICLE HIGHWAY FUND (247.701 - 247.707)

Section 247.701 - Borrowing money and issuing bonds; purposes; bonds subject to revised municipal finance act; refunding bonds; sale; refund prohibited under certain conditions.
Section 247.702 - Authorization of bonds; cities and villages; resolution, approval, publication, contents.
Section 247.703 - Bonds; principal and interest; payment; additional security; existing contract rights; priority.
Section 247.704 - Issuance of bonds for highway purposes; cities and villages; successive borrowing.
Section 247.705 - Revenues set aside; source.
Section 247.706 - Repealed. 2002, Act 330, Imd. Eff. May 23, 2002.
Section 247.707 - Prohibition of pledges.

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