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Home » US Law » 2022 Michigan Compiled Laws » Chapter 141 - Municipal Financing » Act 94 of 1933 - The Revenue Bond Act of 1933 (141.101 - 141.140) » Section 141.125 – Fixing Dates of Operating Year for Public Improvement.
141.125 Fixing dates of operating year for public improvement.

Sec. 25.

The ordinance authorizing the issuance of such bonds shall fix the dates of the beginning and ending of the operating year for such public improvement, subject to the right of the department of treasury to require that it correspond with the fiscal year of the borrower.

History: 1933, Act 94, Imd. Eff. May 26, 1933 ;– Am. 1946, 1st Ex. Sess., Act 23, Eff. June 7, 1946 ;– CL 1948, 141.125 ;– Am. 1983, Act 76, Imd. Eff. June 6, 1983