Michigan Compiled Laws Complete Through PA 5 of 2025
MCL Complete Through PA 5 of 2025
Senate adjourned until Tuesday, August 26, 2025 10:00 AM
Senate adjourned until 08/26/25 10:00 AM
House adjourned until Tuesday, August 19, 2025 1:30 PM
House adjourned until 08/19/25 1:30 PM
Document - Section 125.77b
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Section 125.77b
General obligation bonds of municipality; purpose; resolution; pledge of full faith and credit; “cost of any project” and “net project cost” defined; issuance and sale of bonds; maximum amount; designation and approval of bonds; legislative determination; assessed value of real and personal property; validation of actions and bonds; limitation on time of sale; provisions governing bonds.