Michigan § 15.103 - Official bonds; acceptance without justification; penalty; liability.
Full text of Michigan Michigan Compiled Laws § 15.103 — Official bonds; acceptance without justification; penalty; liability., with citation guidance and answers to common questions.
§ 15.103. Official bonds; acceptance without justification; penalty; liability.
Any person or persons receiving and accepting or approving any such bond without such justification shall be guilty of a misdemeanor, and shall further be liable for all damages that may be sustained or incurred by any person by reason of such defective bond being accepted or approved.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 15.103
What does Michigan Compiled Laws § 15.103 cover?
Section 15.103 ("Official bonds; acceptance without justification; penalty; liability.") 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 § 15.103?
A common citation format is "Michigan Compiled Laws § 15.103" (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 § 15.103 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.