Michigan § 110.18 - Taxes and loans for capital improvements; bonds; limitation.
Full text of Michigan Michigan Compiled Laws § 110.18 — Taxes and loans for capital improvements; bonds; limitation., with citation guidance and answers to common questions.
§ 110.18. Taxes and loans for capital improvements; bonds; limitation.
Instead of levying a tax for the whole amount authorized by this act to be raised in that manner in any year, for the purpose of the capital improvements, the council may, in its discretion, raise a part thereof by tax and a part thereof by loan and issue bonds of the city therefor: Provided, That the aggregate amount of taxes and loans so raised and made, shall not exceed the amount for which a tax might be levied for the same year.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 110.18
What does Michigan Compiled Laws § 110.18 cover?
Section 110.18 ("Taxes and loans for capital improvements; bonds; limitation.") 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 § 110.18?
A common citation format is "Michigan Compiled Laws § 110.18" (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 § 110.18 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.