Mich. Comp. Laws § 15.4
This is the official text of Mich. Comp. Laws § 15.4, 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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Time for completion; termination of other bonds; deposit of refunds.
Official statutory text
Sec. 4.
Within 1 year after the effective date of this act, the department of administration shall complete the bonding requirement as required by this act and shall negotiate for the termination of all honesty and faithful discharge of duty bonds otherwise in full force and effect under the provisions of any other law and secure all refunds provided by such terminations and deposit the refunds to the general fund of the state.
History: 1969, Act 10, Imd. Eff. May 7, 1969
Within 1 year after the effective date of this act, the department of administration shall complete the bonding requirement as required by this act and shall negotiate for the termination of all honesty and faithful discharge of duty bonds otherwise in full force and effect under the provisions of any other law and secure all refunds provided by such terminations and deposit the refunds to the general fund of the state.
History: 1969, Act 10, Imd. Eff. May 7, 1969
Status: in_force · Read it on the official government site
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