Michigan § 141.226 - Municipal borrowing for utility purposes; liability of municipality; construction of act.
Full text of Michigan Michigan Compiled Laws § 141.226 — Municipal borrowing for utility purposes; liability of municipality; construction of act., with citation guidance and answers to common questions.
§ 141.226. Municipal borrowing for utility purposes; liability of municipality; construction of act.
The faith and credit of the municipality shall remain pledged for the payment of said notes: Provided, however, That this act shall not repeal any existing statutory or charter provisions authorizing the borrowing of money or the issuance of bonds or notes, but shall be construed as an additional grant of power to that now prescribed by other statutory or charter provisions. The notes and revenues herein provided for shall not be deemed to be within any statutory or charter limitation of tax rate, bonded indebtedness, or other indebtedness, but shall be deemed to be authorized in addition thereto.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 141.226
What does Michigan Compiled Laws § 141.226 cover?
Section 141.226 ("Municipal borrowing for utility purposes; liability of municipality; construction of act.") 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 § 141.226?
A common citation format is "Michigan Compiled Laws § 141.226" (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 § 141.226 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.