Michigan Laws 125.1438 – Notes and bonds; notice; declaration, due and payable
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Terms Used In Michigan Laws 125.1438
- Authority: means the Michigan state housing development authority created in this act. See Michigan Laws 125.1411
- in writing: shall be construed to include printing, engraving, and lithographing; except that if the written signature of a person is required by law, the signature shall be the proper handwriting of the person or, if the person is unable to write, the person's proper mark, which may be, unless otherwise expressly prohibited by law, a clear and classifiable fingerprint of the person made with ink or another substance. See Michigan Laws 8.3q
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
- Trustee: A person or institution holding and administering property in trust.
Before declaring the principal of notes or bonds due and payable, the trustee shall first give 30 days’ notice in writing to the governor, to the authority, and to the attorney general of the state.