Michigan § 18.1722 - Use of designated funds, bonds, or master lease; financing by third party.
Full text of Michigan Michigan Compiled Laws § 18.1722 — Use of designated funds, bonds, or master lease; financing by third party., with citation guidance and answers to common questions.
§ 18.1722. Use of designated funds, bonds, or master lease; financing by third party.
(1) A governmental unit may use designated funds, bonds, or master lease for any energy performance contract, including purchases using installment payment contracts or lease purchase agreements, if that use is consistent with the purpose of the appropriation.
(2) Unless otherwise provided by law or ordinance, a governmental unit may use funds designated for operating and capital expenditures or utilities for any energy performance contract.
(3) A guaranteed energy savings contract may provide for financing, including tax-exempt financing, by a third party. The contract for third-party financing may be separate from the guaranteed energy savings contract.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 18.1722
What does Michigan Compiled Laws § 18.1722 cover?
Section 18.1722 ("Use of designated funds, bonds, or master lease; financing by third party.") 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 § 18.1722?
A common citation format is "Michigan Compiled Laws § 18.1722" (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 § 18.1722 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.