Section 129.275 - Availability of funds.

MICHIGAN TOBACCO SETTLEMENT FINANCE AUTHORITY ACT (EXCERPT)
Act 226 of 2005

129.275 Availability of funds.

Sec. 15.

Subject to any agreements with bondholders, the authority has the power to use any funds available to purchase bonds of the authority at a price determined by the authority.


History: 2005, Act 226, Imd. Eff. Nov. 21, 2005