{"data":{"id":"us-mi/mich.-comp.-laws-324.71301","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 324.71301","heading":"Bonds; authorization; limitation; purpose.","body":"Sec. 71301.\n\nThe state shall borrow a sum not to exceed $140,000,000.00 and issue the general obligation bonds of this state, pledging the full faith and credit of the state for the payment of principal and interest on the bonds, to finance state and local public recreation projects.","path":["MI Code","Chapter 324","Act Act-451-of-1994"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-324-71301","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"c0bcbc1e08a9c4b92194a65afb0a46c587060261bdaf006f33e5b0b67ace2f96","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-324.71108","next":"us-mi/mich.-comp.-laws-324.71302"},"notice":"GroundRules: Original legal text. Not legal advice."}