Michigan Laws 211.395 – Effect of act on existing rights and liabilities
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Terms Used In Michigan Laws 211.395
- Lien: A claim against real or personal property in satisfaction of a debt.
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
Nothing in this act shall impair the validity or lien of any special drain taxes or highway assessments not extended hereunder, or the right of any county to collect the same, or the obligation of any county to pay any drain or highway bonds not assumed hereunder out of the respective drain or highway funds or out of the appropriate funds of the county as now or hereafter provided by law.