# MCL 247.701

MCL 247.701, “Borrowing money and issuing bonds; purposes; bonds subject to revised municipal finance act; refunding bonds; sale;…”, is an MCL section of [1952 PA 175](https://ontology.bommaritollc.com/id/01a0d565-1e0c-7283-869b-d7ab3632f3e6) (BORROWING FROM MOTOR VEHICLE HIGHWAY FUND); in force.

IRI: <https://ontology.bommaritollc.com/id/01a0d565-a912-735b-9841-0bb60186814d>

Within: [1952 PA 175](https://ontology.bommaritollc.com/id/01a0d565-1e0c-7283-869b-d7ab3632f3e6)

Type: [schema:Legislation](https://schema.org/Legislation)

- `adms:identifier`: [mcl-object mcl-247-701](https://ontology.bommaritollc.com/id/01a0d565-a913-7027-b310-0aae690c51d7)
- `prov:wasDerivedFrom`: [evidence from https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-247-701](https://ontology.bommaritollc.com/id/01a0d565-a912-735b-9841-0bb5d4098c04)
- `schema:isPartOf`: [1952 PA 175](https://ontology.bommaritollc.com/id/01a0d565-1e0c-7283-869b-d7ab3632f3e6)
- `schema:legislationIdentifier`: MCL 247.701
- `schema:legislationJurisdiction`: [Michigan](https://ontology.bommaritollc.com/id/01a0ca47-57ff-7219-9e2f-cdc1b39bd0fa)
- `schema:legislationLegalForce`: [schema:InForce](https://schema.org/InForce)
- `schema:legislationType`: [MCL section](https://ontology.bommaritollc.com/vocab/leg/mclSection)
- `schema:name`: Borrowing money and issuing bonds; purposes; bonds subject to revised municipal finance act; refunding bonds; sale; refund prohibited under certain conditions.
- `schema:url`: [https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-247-701](https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-247-701)
- `skos:prefLabel`: MCL 247.701

## Elsewhere

- [Official page](https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-247-701) (www.legislature.mi.gov)

## Pointing here

- Amended by (4; `eli:amends`):
  - [1964 PA 37](https://ontology.bommaritollc.com/id/01a0d565-3520-718e-ace6-9ddc477dc128)
  - [1983 PA 117](https://ontology.bommaritollc.com/id/01a0d565-3522-730e-884a-f4da07244b4c)
  - [1998 PA 506](https://ontology.bommaritollc.com/id/01a0d565-3523-761f-b94f-ac693d404dc9)
  - [2002 PA 330](https://ontology.bommaritollc.com/id/01a0d565-3522-730e-884a-f4cf5ea21ccb)

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Cite as: MCL 247.701. bc-ontology, release 0.1.0-rc12, 2026-09-27. https://ontology.bommaritollc.com/id/01a0d565-a912-735b-9841-0bb60186814d
Release 0.1.0-rc12, graph hash a20f66b983549f220c6f061b7e40233771a06aa47a0c0aede95a2a57ee2e9553.