Michigan Compiled Laws
Mich. Comp. Laws § 247.674 (2026)
Refunding bonds or advance refunding bonds.
✓ current as of July 2026
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STATE TRUNK LINE HIGHWAY SYSTEM
Act 51 of 1951
247.674 Refunding bonds or advance refunding bonds.
Sec. 24.
The state transportation commission may issue refunding bonds or advance refunding bonds for the purpose of refunding notes or bonds issued under this act before the effective date of this section. Those refunding bonds or advance refunding bonds shall be issued in accordance with section 18b.
History: Add. 1978, Act 444, Imd. Eff. Oct. 10, 1978
PopularName Notes:
McNitt ActPopularName Notes:
Michigan Transportation Fund ActNotes of Decisions
Cited in 1
case, 2010–2010 · leading case: Oshtemo Charter Twp. v. Kalamazoo Cnty. Road Comm'n, 792 N.W.2d 401 (Mich. Ct. App. 2010).
Oshtemo Charter Twp. v. Kalamazoo Cnty. Road Comm'n, 792 N.W.2d 401 (Mich. Ct. App. 2010). “MCL 247.674 empowers the state transportation commission to issue certain types of bonds.”
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