Michigan Code § 380.1351b

Appreciation or Sale at Discount.
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Sec. 1351b.
Beginning with bonds issued after May 1, 1995, bonds issued under section 1351a shall not in whole or in part appreciate in principal amount or be sold at a discount of more than 10%.
History: Add. 1994, Act 278, Imd. Eff. July 11, 1994 Popular Name: Act 451

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