Michigan § 141.1411 - Payment of costs from certain revenues.

Full text of Michigan Michigan Compiled Laws § 141.1411 — Payment of costs from certain revenues., with citation guidance and answers to common questions.

§ 141.1411. Payment of costs from certain revenues.

Sec. 11.

The payment of principal, interest, and other costs including engineering, financial, and issuance costs, associated with bonds issued by the authority may be made by the authority from any of the following revenues:

(a)

Federal grants, loans, appropriations, payments, or contributions.

(b)

The proceeds from the sale, exchange, mortgage, lease, or other disposition of property that the authority has acquired.

(c)

Grants, loans, appropriations, payments, proceeds from repayments of loans made by the authority, or contributions from public or private sources.

(d)

Money in the fund including rents, admission fees, or other charges for use of the convention facility.

(e)

Investment earnings on the revenues described in subdivisions (a) to (d).

Source: official Michigan text · Last verified 2026-08-27

Frequently Asked Questions About Michigan § 141.1411

What does Michigan Compiled Laws § 141.1411 cover?

Section 141.1411 ("Payment of costs from certain revenues.") 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 § 141.1411?

A common citation format is "Michigan Compiled Laws § 141.1411" (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 § 141.1411 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.