Industrial Development Revenue Bond Act Of 1963 (Excerpt) Act 62 Of 1963


Published: 2015

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INDUSTRIAL DEVELOPMENT REVENUE BOND ACT OF 1963 (EXCERPT)
Act 62 of 1963

125.1256 Redemption of bonds.

Sec. 6.

The bonds may provide that they may be called for redemption prior to the maturity date, on interest payment dates not earlier than 1 year from the date of issuance of the bonds, at a price and under conditions fixed by the governing body before issuing the bonds.


History: 1963, Act 62, Imd. Eff. May 8, 1963

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Am. 1966, Act 340, Imd. Eff. Sept. 21, 1966

© 2015 Legislative Council, State of Michigan