MCL - Act 342 of 1969
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
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Am. 1971, Act 40, Imd. Eff. June 17, 1971
| Document | Type | Description |
|---|---|---|
| Section 141.151 | Section | Definitions. |
| Section 141.152 | Section | Maximum interest rate on certain bonds and evidences of indebtedness. |
| Section 141.153 | Section | Maximum interest rate on assessments or certain contract obligations; adjustment. |