{"data":{"id":"us-mi/mich.-comp.-laws-388.981a","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 388.981a","heading":"Issuance of bonds by state administrative board.","body":"Sec. 1a.\n\nThe state administrative board may issue bonds, notes, or commercial paper to refund bonds, notes, or commercial paper issued under this act by the issuance of new bonds, notes, or commercial paper, whether or not the bonds, notes, or commercial paper to be refunded have matured or are subject to prior redemption. The state administrative board may issue bonds, notes, or commercial paper partly to refund bonds, notes, or commercial paper issued under this act and partly for any other purpose provided by this act.","path":["MI Code","Chapter 388","Act Act-112-of-1961"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-388-981a","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"5f887b4346fec1f29bcac90cbaf5790266f7aa33a14461706ebabc2f97c6387d","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-388.981","next":"us-mi/mich.-comp.-laws-388.981b"},"notice":"GroundRules: Original legal text. Not legal advice."}