Michigan § 388.981a - Issuance of bonds by state administrative board.
Full text of Michigan Michigan Compiled Laws § 388.981a — Issuance of bonds by state administrative board., with citation guidance and answers to common questions.
§ 388.981a. Issuance of bonds by state administrative board.
The state administrative board may issue bonds, notes, or commercial paper to refund bonds, notes, or commercial paper issued under this act by the issuance of new bonds, notes, or commercial paper, whether or not the bonds, notes, or commercial paper to be refunded have matured or are subject to prior redemption. The state administrative board may issue bonds, notes, or commercial paper partly to refund bonds, notes, or commercial paper issued under this act and partly for any other purpose provided by this act.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 388.981a
What does Michigan Compiled Laws § 388.981a cover?
Section 388.981a ("Issuance of bonds by state administrative board.") 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 § 388.981a?
A common citation format is "Michigan Compiled Laws § 388.981a" (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 § 388.981a 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.