Michigan § 123.963 - Bonds; retirement; conveyance of title to property.
Full text of Michigan Michigan Compiled Laws § 123.963 — Bonds; retirement; conveyance of title to property., with citation guidance and answers to common questions.
§ 123.963. Bonds; retirement; conveyance of title to property.
When all bonds issued pursuant to the provisions of this act shall have been retired, then the authority shall convey the title to the property acquired hereunder to the incorporating unit or units in accordance with the provisions therefor contained in the articles of incorporation, or contract of lease, or, if there be no such provisions, then in accordance with the directions of the governing body of the incorporating unit or any agreement adopted by the respective governing bodies of the incorporating units.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 123.963
What does Michigan Compiled Laws § 123.963 cover?
Section 123.963 ("Bonds; retirement; conveyance of title to property.") 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 § 123.963?
A common citation format is "Michigan Compiled Laws § 123.963" (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 § 123.963 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.