{"data":{"id":"us-mi/mich.-comp.-laws-460.804","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 460.804","heading":"Definitions; M.","body":"Sec. 4.\n\n\"Municipal bond\" means a bond or note or other evidence of indebtedness payable from ad valorem taxes which a governmental unit may issue.\n\n\"Municipal electric utility system\" means a system owned by a municipality or combination of municipalities to furnish heat, power, and light.\n\n\"Municipality\" means a city, county, incorporated village, township, or metropolitan district of this state, or a board, agency, or commission thereof, owning a system or facility for the generation, transmission, or distribution of electric power and energy for public or private use, or proposing to own such a system or facility.","path":["MI Code","Chapter 460","Act Act-448-of-1976"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-460-804","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"f0d23aba09402e54ebe0a6a2b26031f0160661084cd4045d07f2737a3a5ea3c6","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-460.803","next":"us-mi/mich.-comp.-laws-460.805"},"notice":"GroundRules: Original legal text. Not legal advice."}