Mich. Comp. Laws § 45.383: Completion of bonding requirement; termination of honesty and faithful discharge of duty bonds.

Sec. 3.

Within 1 year after the effective date of this act, the county board of commissioners shall complete the bonding requirement as required by this act and shall negotiate for the termination of all honesty and faithful discharge of duty bonds otherwise in full force and effect under any other law and secure all refunds provided by those terminations and deposit the refunds to the general fund of the county.