Michigan § 141.2313 - Mutilated security; substitution.
Full text of Michigan Michigan Compiled Laws § 141.2313 — Mutilated security; substitution., with citation guidance and answers to common questions.
§ 141.2313. Mutilated security; substitution.
If a municipal security has become mutilated, then the governing body of the municipality may by resolution provide for the issuance of a new municipal security with like terms, in exchange for and substitution of the mutilated municipal security. In all such cases the holder shall pay the reasonable expenses and charges of such an exchange.
Frequently Asked Questions About Michigan § 141.2313
What does Michigan Compiled Laws § 141.2313 cover?
Section 141.2313 ("Mutilated security; substitution.") 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 § 141.2313?
A common citation format is "Michigan Compiled Laws § 141.2313" (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 § 141.2313 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.