Michigan Laws 123.744a – Validation of certain bonds or notes; contest prohibited
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Terms Used In Michigan Laws 123.744a
- Contract: A legal written agreement that becomes binding when signed.
- Municipality: means a county, city, village, township, charter township, district, or authority existing under the laws of this state. See Michigan Laws 123.731
All bonds or notes heretofore issued under this act, as amended, are validated. A county acting under this act, as amended, or any municipality, including the county, shall not contest the validity of any such bonds or notes or any contract which provides the security therefore, after they are sold and delivered and the county has received the consideration therefor.