Current as of February 09, 2022 | Updated by FindLaw Staff
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Sec. 11. Bonds issued under this act shall be fully negotiable under the uniform commercial code, 1962 PA 174, MCL 440.1101 to 440.11102, and the bonds and the interest thereon are exempt from all taxation by this state or any of its political subdivisions.
Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 390. Universities and Colleges § 390.931 - last updated February 09, 2022 | https://codes.findlaw.com/mi/chapter-390-universities-and-colleges/mi-comp-laws-390-931.html
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