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Act 153 of 2010
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FEDERAL BOND LIMITATIONS

Act 153 of 2010

AN ACT to provide for the procedure for allocation, reallocation, and waiver of federal bond limitations under certain bond programs; and to prescribe certain powers and duties of certain state agencies and public officers.


History: 2010, Act 153, Imd. Eff. Aug. 23, 2010




The People of the State of Michigan enact:

DocumentTypeDescription
Section 125.1291SectionAllocation and reallocation of federal law bond limitation.
Section 125.1292SectionConsideration of bond limitation as deemed waiver; extension of final deadline for issuing bonds; reallocation.
Section 125.1293SectionPriority to certain projects.
Section 125.1294SectionRatification and confirmation of certain bond limitations made prior to effective date of act.
Section 125.1295Section"Municipality or other entity" defined.
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