Michigan § 123.337 - Disposal system; operation as a single unit; segregation and disposition of revenues, retirement of bonds.
Full text of Michigan Michigan Compiled Laws § 123.337 — Disposal system; operation as a single unit; segregation and disposition of revenues, retirement of bonds., with citation guidance and answers to common questions.
§ 123.337. Disposal system; operation as a single unit; segregation and disposition of revenues, retirement of bonds.
The integrity and unit of operation of the entire system as a single unit shall be preserved, and the segregation, safekeeping and disposition of its revenues as provided by the bond ordinance shall be continued until all outstanding bonds assumed by the revenues of the entire system shall have been retired by payment, redemption, assumption, or exchange, or provision made for their priority in accordance with section 6 of this act.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 123.337
What does Michigan Compiled Laws § 123.337 cover?
Section 123.337 ("Disposal system; operation as a single unit; segregation and disposition of revenues, retirement of bonds.") 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 § 123.337?
A common citation format is "Michigan Compiled Laws § 123.337" (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 § 123.337 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.