{"data":{"id":"us-mi/mich.-comp.-laws-38.1016","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 38.1016","heading":"Prescribed rate of interest; definition.","body":"Sec. 16.\n\n\"Prescribed rate of interest\" means such rate or rates as shall from time to time be prescribed by the board.","path":["MI Code","Chapter 38","Act Act-261-of-1957"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-38-1016","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"0fee60f47d331127639f05089f86f069b2f0201f2450bfefb7cd725042f7642a","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-38.1015","next":"us-mi/mich.-comp.-laws-38.1017"},"notice":"GroundRules: Original legal text. Not legal advice."}