Cities and Villages, Loan of Credit.

  1. Law
  2. Michigan Compiled Laws
  3. Constitution of The State of Michigan of 1963
  4. OF MICHIGAN OF 1963 - State Constitution (Article I § 1 - § 0)
  5. Local Government (Article VII § 1...§ 34)
  6. Cities and Villages, Loan of Credit.

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Sec. 26.

Except as otherwise provided in this constitution, no city or village shall have the power to loan its credit for any private purpose or, except as provided by law, for any public purpose.

History: Const. 1963, Art. VII, § 26, Eff. Jan. 1, 1964


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