Section 20. Incorporation

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Public bodies, borrowing power

Public bodies corporate shall have power to borrow money and to issue their securities evidencing debt, subject to this constitution and law.

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Incorporation

The legislature shall provide by a general law for the incorporation of cities, and by a general law for the incorporation of villages; such general laws shall limit their rate of taxation for municipal purposes, and restrict their powers of borrowing money and contracting debts.

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1964 — Article VII. Section 21

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1964 — Article IX. Section 13