# MCL 125.1623

MCL 125.1623, “Borrowing money and issuing revenue bonds or revenue notes; issuing refunding bonds; bonds or notes and interest…”, is an MCL section of [1974 PA 338](https://ontology.bommaritollc.com/id/01a0d565-252a-749c-bb3b-82bb492d69cb); in force.

IRI: <https://ontology.bommaritollc.com/id/01a0d566-3cc1-74dc-ba26-fe565cbf424e>

Within: [1974 PA 338](https://ontology.bommaritollc.com/id/01a0d565-252a-749c-bb3b-82bb492d69cb)

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

- `adms:identifier`: [mcl-object mcl-125-1623](https://ontology.bommaritollc.com/id/01a0d566-3cc2-72fe-ad27-a6daa741466a)
- `prov:wasDerivedFrom`: [evidence from https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-125-1623](https://ontology.bommaritollc.com/id/01a0d566-3cc1-74dc-ba26-fe558353b0e0)
- `schema:isPartOf`: [1974 PA 338](https://ontology.bommaritollc.com/id/01a0d565-252a-749c-bb3b-82bb492d69cb)
- `schema:legislationIdentifier`: MCL 125.1623
- `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 revenue bonds or revenue notes; issuing refunding bonds; bonds or notes and interest exempt from taxation; exceptions; liability of municipality on notes or bonds; statement; investment in bonds and notes; deposit of bonds and notes; report; inspection of records and reports; publication and distribution of statement of revenues and expenditures.
- `schema:url`: [https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-125-1623](https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-125-1623)
- `skos:prefLabel`: MCL 125.1623

## Elsewhere

- [Official page](https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-125-1623) (www.legislature.mi.gov)

## Pointing here

- Amended by (3; `eli:amends`):
  - [1976 PA 175](https://ontology.bommaritollc.com/id/01a0d565-516c-766d-92f0-7fcdaa94dd5a)
  - [1980 PA 501](https://ontology.bommaritollc.com/id/01a0d565-516d-73df-a7da-1a3bc227f48e)
  - [2002 PA 357](https://ontology.bommaritollc.com/id/01a0d565-516e-7476-82a2-925fb6c3c853)
- Changed by bills (1; `schema:legislationChanges`):
  - [SB 660 (2025-2026)](https://ontology.bommaritollc.com/id/01a0d56a-5fd9-7356-8419-24c8d099cc4e)

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Cite as: MCL 125.1623. bc-ontology, release 0.1.0-rc12, 2026-09-27. https://ontology.bommaritollc.com/id/01a0d566-3cc1-74dc-ba26-fe565cbf424e
Release 0.1.0-rc12, graph hash a20f66b983549f220c6f061b7e40233771a06aa47a0c0aede95a2a57ee2e9553.