Michigan § Article IX § 18 - State credit.
Full text of Michigan Michigan Compiled Laws § Article IX § 18 — State credit., with citation guidance and answers to common questions.
§ Article IX § 18. State credit.
The credit of the state shall not be granted to, nor in aid of any person, association or corporation, public or private, except as authorized in this constitution.
This section shall not be construed to prohibit the investment of public funds until needed for current requirements or the investment of funds accumulated to provide retirement or pension benefits for public officials and employees, as provided by law.
Frequently Asked Questions About Michigan § Article IX § 18
What does Michigan Compiled Laws § Article IX § 18 cover?
Section Article IX § 18 ("State credit.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § Article IX § 18?
A common citation format is "Michigan Compiled Laws § Article IX § 18" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § Article IX § 18 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.