Michigan § 15.71 - Procurement of bonds by certain state officers; cost.
Full text of Michigan Michigan Compiled Laws § 15.71 — Procurement of bonds by certain state officers; cost., with citation guidance and answers to common questions.
§ 15.71. Procurement of bonds by certain state officers; cost.
Whenever a bond is required by the laws of this state to be given by the secretary of state, state treasurer, director of the department of natural resources, attorney general, or superintendent of public instruction, the deputy or deputies of those officers, any other civil or military officer of this state, or any officer of any state institution, whether elected or appointed, who is charged with the duty of being the custodian of any state or institution funds, money, or property, that state or institution officer may procure the required bond from any surety company authorized by the laws of this state to execute the bond, and the cost of the bond, not exceeding 1/2 of 1% per year, shall be paid out of the treasury of this state.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 15.71
What does Michigan Compiled Laws § 15.71 cover?
Section 15.71 ("Procurement of bonds by certain state officers; cost.") 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 § 15.71?
A common citation format is "Michigan Compiled Laws § 15.71" (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 § 15.71 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.