Bonds; qualities of negotiable instruments.

Sec. 14. The bonds shall have all the qualities of negotiable instruments as provided for in the uniform commercial code, 1962 PA 174, MCL 440.1101 to 440.11102. History: 1933, Act 94, Imd. Eff. May 26, 1933; CL 1948, 141.114; Am. 1978, Act 216, Imd. Eff. June 5, 1978; Am. 2000, Act 350, Eff. Mar. 28, 2001