2006 Michigan Compiled Laws - 72-1990-3

LOCAL GOVERNMENT FISCAL RESPONSIBILITY ACT (EXCERPT)
Act 72 of 1990 Article 3
SCHOOL DISTRICT PROVISIONS

Document	Description
Section 141.1231	Definitions.
Section 141.1232	Responsibility for monitoring and reviewing financial condition of school districts.
Section 141.1233	Determination of serious financial problem; conditions; notice.
Section 141.1234	Review team; appointment; composition; purpose; conditions; functions; report of findings; time; copies of report; conclusion.
Section 141.1235	Determination by superintendent of public instruction; notice; findings of fact; statement; hearing; confirmation or revocation of determination; report.
Section 141.1236	Failure to abide by consent agreement.
Section 141.1237	Appeal; setting aside determination.
Section 141.1238	Emergency financial manager; nominees; appointment, qualifications, and term; contract; compensation and expenses; staff and professional assistance.
Section 141.1239	Orders.
Section 141.1240	Written financial plan.
Section 141.1241	Control over fiscal matters; fiscal decisions; actions by emergency financial manager; authorization to proceed under federal law; school district as debtor.
Section 141.1242	Revoking declaration of financial emergency; recommendation; resolution.
Section 141.1243	Assistance and information; compliance.
Section 141.1244	Liability.

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