Mich. Comp. Laws § 15.103
This is the official text of Mich. Comp. Laws § 15.103, part of Michigan’s Comp. Laws — part of the compiled statutory law of Michigan, published by the state as "Comp. Laws." Browse the sections below, each linked to its official government source.
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Official bonds; acceptance without justification; penalty; liability.
Official statutory text
Sec. 3.
Any person or persons receiving and accepting or approving any such bond without such justification shall be guilty of a misdemeanor, and shall further be liable for all damages that may be sustained or incurred by any person by reason of such defective bond being accepted or approved.
History: 1885, Act 179, Eff. Sept. 19, 1885; How. 8234c; CL 1897, 161; CL 1915, 197; CL 1929, 399; CL 1948, 15.103
Any person or persons receiving and accepting or approving any such bond without such justification shall be guilty of a misdemeanor, and shall further be liable for all damages that may be sustained or incurred by any person by reason of such defective bond being accepted or approved.
History: 1885, Act 179, Eff. Sept. 19, 1885; How. 8234c; CL 1897, 161; CL 1915, 197; CL 1929, 399; CL 1948, 15.103
Status: in_force · Read it on the official government site
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