Michigan Laws 259.123 – Borrowing money and issuing municipal securities
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Terms Used In Michigan Laws 259.123
- Authority: means a public airport authority created by or pursuant to section 110 and governed by a board. See Michigan Laws 259.109
The authority may borrow money and issue municipal securities in accordance with and exercise all of the powers conferred upon municipalities by the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821.