Section 125.1436 - Trustee; additional powers.
STATE HOUSING DEVELOPMENT AUTHORITY ACT OF 1966 (EXCERPT)
Act 346 of 1966
125.1436 Trustee; additional powers.
Sec. 36.
The trustee, in addition to the powers granted in section 35, shall have and possess all of the powers necessary or appropriate for the exercise of any functions specifically set forth herein or incident to the general representation of bondholders or noteholders in the enforcement and protection of their rights.
History: 1966, Act 346, Eff. Mar. 10, 1967