Section 141.1455 – Construction of Act; Purpose; Restriction.
141.1455 Construction of act; purpose; restriction. Sec. 5. This act shall be construed as cumulative authority for the exercise of the powers granted under this act. The purpose of this act is to create full and complete additional and alternate methods for the exercise of these powers, and the powers conferred by this act shall […]
Section 141.1501-141.1531 – Act 4 of 2011 Was Rejected by a Majority of the Electors at the November 2012 General Election.
141.1501-141.1531 Act 4 of 2011 was rejected by a majority of the electors at the November 2012 general election. Compiler’s Notes: Act 4 of 2011, which was approved by the governor March 16, 2011 and filed with the secretary of state March 16, 2011, provided a new act (MCL 141.1501 to 141.1531) known as the […]
Section 141.1541 – Short Title.
141.1541 Short title. Sec. 1. This act shall be known and may be cited as the “local financial stability and choice act”. History: 2012, Act 436, Eff. Mar. 28, 2013 Compiler’s Notes: Enacting section 2 of Act 436 of 2012 provides:”Enacting section 2. It is the intent of the legislature that this act function and […]
Section 141.1542 – Definitions.
141.1542 Definitions. Sec. 2. As used in this act: (a) “Chapter 9” means chapter 9 of title 11 of the United States Code, 11 USC 901 to 946. (b) “Chief administrative officer” means any of the following: (i) The manager of a village or, if a village does not employ a manager, the president of […]
Section 141.1543 – Findings; Declarations.
141.1543 Findings; declarations. Sec. 3. The legislature finds and declares all of the following: (a) That the health, safety, and welfare of the citizens of this state would be materially and adversely affected by the insolvency of local governments and that the fiscal accountability of local governments is vitally necessary to the interests of the […]
Section 141.1544 – Determination of Probable Financial Stress; Preliminary Review; Conditions; School District; Notification to Local Government; Interim Report of Findings; Final Report; Finding of Probable Financial Stress; Appointment of Review Team for Municipal Government; Appointment of Review Team for Local School District; Staff Support; Duration of Appointment.
141.1544 Determination of probable financial stress; preliminary review; conditions; school district; notification to local government; interim report of findings; final report; finding of probable financial stress; appointment of review team for municipal government; appointment of review team for local school district; staff support; duration of appointment. Sec. 4. (1) Subject to subsection (2), the state […]
Section 141.1408 – Powers of Authority; Tax Levy Prohibited.
141.1408 Powers of authority; tax levy prohibited. Sec. 8. (1) An authority may do all things necessary or convenient to carry out the purposes, objectives, and provisions of this act and the purposes, objectives, and powers delegated to the authority or the board by other laws or executive orders, including, without limitation, all of the […]
Section 141.1437 – Referendum to Discontinue Assessment.
141.1437 Referendum to discontinue assessment. Sec. 7. (1) At any time 3 years or more after the effective date of an assessment, and upon the written request of owners of transient facilities located within the assessment district representing not less than 40% of the total number of owners or not less than 40% of the […]
Section 141.1409 – Employment of Staff; Audits; Budget.
141.1409 Employment of staff; audits; budget. Sec. 9. (1) An authority may employ staff, including legal and technical experts, and other officers, or employees, permanent or temporary, paid from the funds of the authority. (2) The accounts of an authority are subject to annual audits by the state auditor general or a certified public accountant […]
Section 141.1441 – Short Title.
141.1441 Short title. Sec. 1. This act shall be known and may be cited as the “regional event center financing act”. History: 2020, Act 340, Eff. Mar. 24, 2021