Michigan § 247.668a - Michigan transportation fund; payment of notes, bonds, or other indebtedness; notes and bonds not general obligations of state.
Full text of Michigan Michigan Compiled Laws § 247.668a — Michigan transportation fund; payment of notes, bonds, or other indebtedness; notes and bonds not general obligations of state., with citation guidance and answers to common questions.
§ 247.668a. Michigan transportation fund; payment of notes, bonds, or other indebtedness; notes and bonds not general obligations of state.
Subject to the provisions and the limitations set forth in this act, money in the Michigan transportation fund, distributed as provided in this act, may be expended for the payment of the principal and interest on notes and bonds issued or other indebtedness incurred by a governmental unit for transportation purposes as defined by law. Except as otherwise provided by law, the notes or bonds shall be payable solely from the proceeds of taxes restricted to use for the purposes described in section 9 of article 9 of the state constitution of 1963, which are deposited in the state treasury to the credit of the Michigan transportation fund and are distributed pursuant to this act. The notes and bonds shall not be general obligations of this state, which shall be specifically stated on the face of each note or bond sold.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 247.668a
What does Michigan Compiled Laws § 247.668a cover?
Section 247.668a ("Michigan transportation fund; payment of notes, bonds, or other indebtedness; notes and bonds not general obligations of state.") 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 § 247.668a?
A common citation format is "Michigan Compiled Laws § 247.668a" (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 § 247.668a 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.