Michigan § 12.285 - Bond or ancillary facility; indebtedness, liability, or obligation not created.
Full text of Michigan Michigan Compiled Laws § 12.285 — Bond or ancillary facility; indebtedness, liability, or obligation not created., with citation guidance and answers to common questions.
§ 12.285. Bond or ancillary facility; indebtedness, liability, or obligation not created.
A bond or ancillary facility issued under this act is not a debt or liability of this state or any agency or instrumentality of this state, other than the authority as set forth in this act, either legal, moral, or otherwise. It does not create or constitute any indebtedness, liability, or obligation of this state or constitute a pledge of the faith and credit of this state. Nothing in this act shall be construed to authorize the authority to incur any indebtedness or liability on behalf of this state. Each bond or ancillary facility shall contain on its face or other prominent place on the bond or ancillary facility in bold typeface a statement to that effect.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 12.285
What does Michigan Compiled Laws § 12.285 cover?
Section 12.285 ("Bond or ancillary facility; indebtedness, liability, or obligation not created.") 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 § 12.285?
A common citation format is "Michigan Compiled Laws § 12.285" (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 § 12.285 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.