{"data":{"id":"us-mi/mich.-comp.-laws-324.50117","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 324.50117","heading":"Security for repayment of bonds.","body":"Sec. 50117.\n\nThe security for the repayment of bonds issued by the district may be a pledge or mortgage on all lands owned by the district and all of the district's installations, buildings, and equipment, tools, furniture, fixtures, or other personal property owned by the district.","path":["MI Code","Chapter 324","Act Act-451-of-1994"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-324-50117","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"fad4869466e84dcf1ccf6e5c29c1525e25f84de9ac560c698145f376c9f6777a","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-324.50116","next":"us-mi/mich.-comp.-laws-324.50118"},"notice":"GroundRules: Original legal text. Not legal advice."}