Michigan § 141.2605 - Debt as additional to statutory or charter limitation of tax rate or outstanding debt limit.
Full text of Michigan Michigan Compiled Laws § 141.2605 — Debt as additional to statutory or charter limitation of tax rate or outstanding debt limit., with citation guidance and answers to common questions.
§ 141.2605. Debt as additional to statutory or charter limitation of tax rate or outstanding debt limit.
The debt evidenced by a refunding security and the tax levies used to repay the refunding security shall not be deemed to be within any statutory or charter limitation of tax rate or of outstanding debt limit, but shall be deemed to be authorized in addition to any statutory or charter limitation of tax rate or outstanding debt limit.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 141.2605
What does Michigan Compiled Laws § 141.2605 cover?
Section 141.2605 ("Debt as additional to statutory or charter limitation of tax rate or outstanding debt limit.") 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 § 141.2605?
A common citation format is "Michigan Compiled Laws § 141.2605" (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 § 141.2605 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.