Mich. Const. art. IX, § 15
- Constitution
- Constitution of Michigan
- Text as of
- October 2026
What does this section say?
The state may borrow money for specific purposes in amounts as may be provided by acts of the legislature adopted by a vote of two-thirds of the members elected to and serving in each house, and approved by a majority of the electors voting thereon at any general election. The question submitted to the electors shall state the amount to be borrowed, the specific purpose to which the funds shall be devoted, and the method of repayment.
The text is copied from the official source: www.legislature.mi.gov. This is the stored text for research. It is not legal advice; check the official source before you rely on it.