Section 141.1560 – Emergency Manager; Immunity From Liability; Responsibilities of Attorney General; Costs; Insurance; Litigation Expenses After Conclusion of Date of Service; Failure of Municipal Government or School District to Honor and Remit Legal Expenses.
141.1560 Emergency manager; immunity from liability; responsibilities of attorney general; costs; insurance; litigation expenses after conclusion of date of service; failure of municipal government or school district to honor and remit legal expenses. Sec. 20. (1) An emergency manager is immune from liability as provided in section 7(5) of 1964 PA 170, MCL 691.1407. A […]
Section 141.1561 – Adoption and Implementation of 2-Year Budget.
141.1561 Adoption and implementation of 2-year budget. Sec. 21. (1) Before the termination of receivership and the completion of the emergency manager’s term, or if a transition advisory board is appointed under section 23, then before the transition advisory board is appointed, the emergency manager shall adopt and implement a 2-year budget, including all contractual […]
Section 141.1562 – Determination That Financial Emergency Rectified; Actions by Governor.
141.1562 Determination that financial emergency rectified; actions by governor. Sec. 22. (1) If an emergency manager determines that the financial emergency that he or she was appointed to manage has been rectified, the emergency manager shall inform the governor and the state treasurer. (2) If the governor disagrees with the emergency manager’s determination that the […]
Section 141.1563 – Receivership Transition Advisory Board.
141.1563 Receivership transition advisory board. Sec. 23. (1) Before removing a local government from receivership, the governor may appoint a receivership transition advisory board to monitor the affairs of the local government until the receivership is terminated. (2) A receivership transition advisory board shall consist of the state treasurer or his or her designee, the […]
Section 141.1564 – Determination That Financial Conditions Not Corrected; Appointment of New Emergency Manager.
141.1564 Determination that financial conditions not corrected; appointment of new emergency manager. Sec. 24. The governor may, upon his or her own initiative or after receiving a recommendation from a receivership transition advisory board, determine that the financial conditions of a local government have not been corrected in a sustainable fashion as required under section […]
Section 141.1565 – Neutral Evaluation Process.
141.1565 Neutral evaluation process. Sec. 25. (1) A neutral evaluation process may be utilized as provided for in this act. The state treasurer may, in his or her own discretion, determine that the state monitor the neutral evaluation process initiated by a local government under this section and may identify 1 or more individuals who […]
Section 141.1566 – Chapter 9 Proceeding.
141.1566 Chapter 9 proceeding. Sec. 26. (1) With the written approval of the governor, a local government may file a petition under chapter 9 and exercise powers pursuant to federal bankruptcy law if the local government adopts a resolution, by a majority vote of the governing body of the local government, that declares a financial […]
Section 141.1567 – Duty of Local Officials and Employees to Provide Assistance and Information; Failure to Abide by Act.
141.1567 Duty of local officials and employees to provide assistance and information; failure to abide by act. Sec. 27. (1) The local elected and appointed officials and employees, agents, and contractors of a local government shall promptly and fully provide the assistance and information necessary and properly requested by the state financial authority, a review […]
Section 141.1552 – Additional Actions by Emergency Manager; Suspension of Power of Administrative Officer and Governing Body; Contracts Subject to Competitive Bidding; Sale or Transfer of Public Utility; Limitation.
141.1552 Additional actions by emergency manager; suspension of power of administrative officer and governing body; contracts subject to competitive bidding; sale or transfer of public utility; limitation. Sec. 12. (1) An emergency manager may take 1 or more of the following additional actions with respect to a local government that is in receivership, notwithstanding any […]
Section 141.1568 – Imposition of Taxes; Prohibition.
141.1568 Imposition of taxes; prohibition. Sec. 28. This act does not give the emergency manager or the state financial authority the power to impose taxes, over and above those already authorized by law, without the approval at an election of a majority of the qualified electors voting on the question. History: 2012, Act 436, Eff. […]