# MCL 331.58

MCL 331.58, “Power of local authority to borrow money and issue negotiable bonds; purpose; payment of principal and interest;…”, is an MCL section of [1969 PA 38](https://ontology.bommaritollc.com/id/01a0d565-25d4-7318-935a-150f05edb14a); in force.

IRI: <https://ontology.bommaritollc.com/id/01a0d566-4e3f-72bd-b157-325ded5b951c>

Within: [1969 PA 38](https://ontology.bommaritollc.com/id/01a0d565-25d4-7318-935a-150f05edb14a)

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

- `adms:identifier`: [mcl-object mcl-331-58](https://ontology.bommaritollc.com/id/01a0d566-4e40-73ab-9d52-205fdaa56372)
- `prov:wasDerivedFrom`: [evidence from https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-331-58](https://ontology.bommaritollc.com/id/01a0d566-4e3f-72bd-b157-325c2af24033)
- `schema:isPartOf`: [1969 PA 38](https://ontology.bommaritollc.com/id/01a0d565-25d4-7318-935a-150f05edb14a)
- `schema:legislationIdentifier`: MCL 331.58
- `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`: Power of local authority to borrow money and issue negotiable bonds; purpose; payment of principal and interest; bond or coupon not general obligation or debt.
- `schema:url`: [https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-331-58](https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-331-58)
- `skos:prefLabel`: MCL 331.58

## Elsewhere

- [Official page](https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-331-58) (www.legislature.mi.gov)

## Pointing here

- Amended by (1; `eli:amends`):
  - [1978 PA 277](https://ontology.bommaritollc.com/id/01a0d565-5627-73fc-b0fc-18bf48b4deb0)

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Cite as: MCL 331.58. bc-ontology, release 0.1.0-rc12, 2026-09-27. https://ontology.bommaritollc.com/id/01a0d566-4e3f-72bd-b157-325ded5b951c
Release 0.1.0-rc12, graph hash a20f66b983549f220c6f061b7e40233771a06aa47a0c0aede95a2a57ee2e9553.