Mich. Comp. Laws » Michigan Compiled Laws / Chapter 12 / Act 259 of 1982
Michigan Compiled Laws

Mich. Comp. Laws § 12.64 (2026)

Act as contract with holders of obligations.

✓ current as of July 2026
Find cases: SyfertCases citing this section MI-LEGlegislature.mi.gov JustiaChapter on Justia CornellLII Search CasesGoogle Scholar

PAYMENT OF FULL FAITH AND CREDIT OBLIGATIONS


Act 259 of 1982


12.64 Act as contract with holders of obligations.

Sec. 4.

    This act shall be deemed a contract with the holders from time to time of obligations of this state.

History: 1982, Act 259, Imd. Eff. Sept. 30, 1982

Notes of Decisions
Cited in 4 cases, 1955–2011 · leading case: Studier v. Michigan Pub. Sch. Employees' Ret. Bd., 698 N.W.2d 350 (Mich. 2005).
Sort: Relevance Newest Treatment
Studier v. Michigan Pub. Sch. Employees' Ret. Bd., 698 N.W.2d 350 (Mich. 2005). · cites it 2× “For instance, when enacting 1982 PA 259 , which requires the state treasurer to pay the principal of and interest on all state obligations, the Legislature provided in MCL 12.64: “This act shall be deemed a contract with the holders from time to time of obligations of this state.”
In Re Request for Advisory Opinion Regarding Constitutionality of 2011 PA 38, 806 N.W.2d 683 (Mich. 2011). · cites it 2× “For instance, when enacting 1982 PA 259 , which requires the state treasurer to pay the principal of and interest on all state obligations, the Legislature provided in MCL 12.64: “This act shall be deemed a contract with the holders from time to time of obligations of this state.”
Lintner Est. v. Meier, 73 N.W.2d 205 (Mich. 1955). “, and 3 American Law of Property, § 12.64 et seq. The record sustains the finding of the trial court who concluded, in part, as follows: “It is my conclusion from this testimony that at the time of the execution of this deed, there was an actual delivery of it by Mrs.”
Alberta Studier v. Michigan Pub. Schl Emp Ret. Bd (Mich. 2005). “For instance, when enacting 1982 PA 259 , which requires the state treasurer to pay the principal of and interest on all state obligations, the Legislature provided in MCL 12.64: “This act shall be deemed a contract with the holders from time to time of obligations of this state.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.