{"data":{"id":"us-mi/mich.-comp.-laws-35.1004","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 35.1004","heading":"Powers of administrative board and legislature.","body":"Sec. 4.\n\nThe state administrative board shall provide by resolution, from time to time, for the issuance and sale of serial notes or serial bonds at the lowest possible cost and the legislature is authorized to provide for the amounts and method of and eligibility for payment of the sums herein directed.","path":["MI Code","Chapter 35","Act Act-106-of-1974"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-35-1004","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"97a0871587338eba4ffca7adbb4bc896027b020447f7ea0c74ca775f01c78c74","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-35.1003","next":"us-mi/mich.-comp.-laws-35.1005"},"notice":"GroundRules: Original legal text. Not legal advice."}