Mich. Comp. Laws § 123.965

Current through Public Act 171 of the 2024 Legislative Session
Section 123.965 - Validation of prior authorities, actions, and bonds

All authorities heretofore incorporated, all actions heretofore taken, and all bonds heretofore issued under this act, as originally adopted or subsequently amended, and which incorporation actions and bonds do not violate the provisions of this act as amended by the 1968 or any subsequent amendatory act, are validated. No authority incorporated under this act, as originally adopted or subsequently amended, nor any incorporating unit or units thereof, shall contest the validity of any such bonds or any lease or contract which provides the security therefor after they have been sold and delivered and the authority has received the consideration therefor.

MCL 123.965

Add. 1955, Act 25, Imd. Eff. 4/7/1955 ;--Am. 1968, Act 96, Imd. Eff. 6/6/1968 ;--Am. 1970, Act 47, Imd. Eff. 7/2/1970 ;--Am. 1973, Act 110, Imd. Eff. 8/19/1973.