Michigan § 15.2 - Bonds; conditions, coverage; departmental problems.
Full text of Michigan Michigan Compiled Laws § 15.2 — Bonds; conditions, coverage; departmental problems. , with citation guidance and answers to common questions.
§ 15.2. Bonds; conditions, coverage; departmental problems.
The director of the department of administration or his designated agent is authorized to determine, after consultation with the director of the department of commerce, the condition of each such bond and whether a single state bond for all state officers and employees or departmental bonds, shall best serve the state. In determining adequate coverage, the department of administration is authorized to obtain bond coverage with provisions relative to departmental problems of a unique nature, including loss deductible or coinsurance provisions.
Frequently Asked Questions About Michigan § 15.2
What does Michigan Compiled Laws § 15.2 cover?
Section 15.2 ("Bonds; conditions, coverage; departmental problems. ") 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 § 15.2?
A common citation format is "Michigan Compiled Laws § 15.2" (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 § 15.2 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.