STATE LOANS TO SCHOOL DISTRICTS (EXCERPT)
Act 151 of 1955


388.936 State loans to school district; false statements, concealment; penalty.

Sec. 6.

     Any person who shall knowingly make any false statement or conceal any material information for the purpose of obtaining a loan under the provisions of this act, or use the proceeds of a loan or any portion thereof for any purpose not authorized by this act shall be guilty of a felony.


History: 1955, Act 151, Imd. Eff. June 7, 1955




Rendered 8/17/2025 12:45 PM
Michigan Compiled Laws Complete Through PA 5 of 2025
Courtesy of legislature.mi.gov