{"data":{"id":"us-mi/mich.-comp.-laws-141.2605","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 141.2605","heading":"Debt as additional to statutory or charter limitation of tax rate or outstanding debt limit.","body":"Sec. 605.\n\nThe debt evidenced by a refunding security and the tax levies used to repay the refunding security shall not be deemed to be within any statutory or charter limitation of tax rate or of outstanding debt limit, but shall be deemed to be authorized in addition to any statutory or charter limitation of tax rate or outstanding debt limit.","path":["MI Code","Chapter 141","Act Act-34-of-2001"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-141-2605","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"f73e72c70a1ae5b1482a8c7287a555caddedbf25492e2019979b10b16837bb66","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-141.2603","next":"us-mi/mich.-comp.-laws-141.2607"},"notice":"GroundRules: Original legal text. Not legal advice."}