Michigan § 125.1431 - Notes and bonds; liability of state.
Full text of Michigan Michigan Compiled Laws § 125.1431 — Notes and bonds; liability of state., with citation guidance and answers to common questions.
§ 125.1431. Notes and bonds; liability of state.
The state shall not be liable on notes or bonds of the authority and such notes and bonds shall not be a debt of the state. The notes and bonds shall contain on the face thereof a statement to such effect.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 125.1431
What does Michigan Compiled Laws § 125.1431 cover?
Section 125.1431 ("Notes and bonds; liability of state.") 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 § 125.1431?
A common citation format is "Michigan Compiled Laws § 125.1431" (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 § 125.1431 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.