Michigan Laws 388.1932 – Failure to apply for prequalification, qualification, or approval of bond before issuance
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Terms Used In Michigan Laws 388.1932
- School district: means a general powers school district organized under the revised school code, 1976 PA 451, MCL 380. See Michigan Laws 388.1923
- State treasurer: means the state treasurer or his or her duly authorized designee. See Michigan Laws 388.1923
If a school district does not apply for prequalification or qualification or approval of a bond issue before the issuance of those bonds, the state treasurer shall not approve or qualify those bonds as qualified bonds under this act.