Michigan § 388.922 - School loan bonds or notes; deposit of proceeds.

Full text of Michigan Michigan Compiled Laws § 388.922 — School loan bonds or notes; deposit of proceeds., with citation guidance and answers to common questions.

§ 388.922. School loan bonds or notes; deposit of proceeds.

Sec. 2.

The proceeds of sale of the bonds or notes shall be deposited in the state treasury, and shall constitute a fund to be known as "the school bond loan fund", hereby created in the state treasury as a special trust fund, and shall be paid out in no other manner or for any other purpose than provided in section 27 of article 10 of the constitution of Michigan and laws enacted pursuant thereto.

Source: official Michigan text · Last verified 2026-08-27

Related Michigan Legal Topics

Frequently Asked Questions About Michigan § 388.922

What does Michigan Compiled Laws § 388.922 cover?

Section 388.922 ("School loan bonds or notes; deposit of proceeds.") 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 § 388.922?

A common citation format is "Michigan Compiled Laws § 388.922" (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 § 388.922 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.