Michigan § 390.374 - Michigan college of mining and technology; obligations, payment.
Full text of Michigan Michigan Compiled Laws § 390.374 — Michigan college of mining and technology; obligations, payment., with citation guidance and answers to common questions.
§ 390.374. Michigan college of mining and technology; obligations, payment.
No obligations hereunder shall ever be or become a charge against the state of Michigan, nor shall the same become a lien on or secured by any property, real, personal or mixed, of the state or the board of control of said college, but all such obligations, including principal and interest, shall be payable solely:
From the net rents and income obtained from the operation of residence halls and housing units, pledged or otherwise.
Fees charged students for the use of or maintenance of social centers provided for them under the provisions of this act.
Gifts and bequests made to the board of control of the Michigan College of Mining and Technology for the express purpose of financing, partially or completely, the purchase or construction at said college of residence halls, housing units, or social centers for students and faculty members, or for retiring outstanding indebtedness as herein created.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 390.374
What does Michigan Compiled Laws § 390.374 cover?
Section 390.374 ("Michigan college of mining and technology; obligations, payment.") 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 § 390.374?
A common citation format is "Michigan Compiled Laws § 390.374" (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 § 390.374 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.