Michigan § 45.89 - Bond of successful bidder; terms, filing, recoveries.
Full text of Michigan Michigan Compiled Laws § 45.89 — Bond of successful bidder; terms, filing, recoveries., with citation guidance and answers to common questions.
§ 45.89. Bond of successful bidder; terms, filing, recoveries.
When any bid shall have been accepted, the purchasing agent may require of the successful bidder, a bond payable unto the county with good and sufficient surety, in the sum of not less than 1/3 of the amount of the bid, to be approved by the purchasing agent, conditioned that he will fully, faithfully and accurately execute the terms of the contract into which he has entered. Said bond shall be filed in the office of the purchasing agent and recoveries may be had on such bond until exhausted.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 45.89
What does Michigan Compiled Laws § 45.89 cover?
Section 45.89 ("Bond of successful bidder; terms, filing, recoveries.") 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 § 45.89?
A common citation format is "Michigan Compiled Laws § 45.89" (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 § 45.89 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.