Section 285.269 - Nonliability of state on notes or bonds of authority; statement.

MICHIGAN FAMILY FARM DEVELOPMENT ACT (EXCERPT)
Act 220 of 1982

285.269 Nonliability of state on notes or bonds of authority; statement.

Sec. 19.

The state shall not be liable on notes or bonds of the authority and the notes and bonds shall not be a debt of the state. The notes and bonds shall contain on the face of the notes or bonds a statement to that effect.


History: 1982, Act 220, Imd. Eff. July 10, 1982