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Michigan Compiled Laws Complete Through PA 19 of 2024
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Act 354 of 1972
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REPLACING OR PAYING OBLIGATIONS OF PUBLIC CORPORATION

Act 354 of 1972

AN ACT to authorize the replacement or payment without presentation of lost, destroyed or wrongfully taken bonds or other evidences of indebtedness issued by public corporations; and to prescribe the powers and duties of certain departments and agencies.


History: 1972, Act 354, Imd. Eff. Jan. 9, 1973 ;-- Am. 1974, Act 142, Imd. Eff. June 5, 1974




The People of the State of Michigan enact:

DocumentTypeDescription
Section 129.131SectionDefinitions.
Section 129.132SectionReplacement obligations; prerequisites to issuance; exercise of powers by paying agent; resolution; execution; seal.
Section 129.133SectionReplacement obligations; form; security; execution; formal requirements; indorsement.
Section 129.134SectionReplacement of unmatured interest coupons; payment of matured interest coupons.
Section 129.135SectionRepealed. 2000, Act 117, Imd. Eff. May 26, 2000.
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