Michigan § 247.668h - Bonds; negotiability; payment, exemption from taxation.
Full text of Michigan Michigan Compiled Laws § 247.668h — Bonds; negotiability; payment, exemption from taxation., with citation guidance and answers to common questions.
§ 247.668h. Bonds; negotiability; payment, exemption from taxation.
Any bonds issued under the provisions of this act shall have all the qualities of negotiable instruments under the law merchant and the negotiable instruments law. Any bonds and interest coupons shall be made payable in lawful money of the United States of America, and shall be exempt from any and all taxation whatsoever by the state or by any taxing authority within the state.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 247.668h
What does Michigan Compiled Laws § 247.668h cover?
Section 247.668h ("Bonds; negotiability; payment, exemption from taxation.") 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 § 247.668h?
A common citation format is "Michigan Compiled Laws § 247.668h" (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 § 247.668h 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.