Mich. Comp. Laws § 324.11525f: Establishment and approval of other bonds.

Sec. 11525f.

If the owner or operator of a materials management facility is required to establish a bond under another state statute or a federal statute, the owner or operator may request the department to approve that bond as meeting the requirements of part 115. The department shall so approve the bond if the bond provides equivalent funds and access by the department as other financial instruments under part 115.