There is a newer version of the Michigan Compiled Laws
2012 Michigan Compiled Laws
Chapter 125 — PLANNING, HOUSING, AND ZONING
Act 120 of 1961 — PRINCIPAL SHOPPING DISTRICTS AND BUSINESS IMPROVEMENT DISTRICTS (125.981 - 125.990m)
120-1961-1 — CHAPTER 1 PRINCIPAL SHOPPING DISTRICT (125.981...125.987)
- Section 125.981 — Definitions; principal shopping district; business district; creation, appointment, and composition of board.
- Section 125.982 — Principal shopping district project or business improvement project; methods or criteria for financing costs.
- Section 125.983 — District project as public improvement.
- Section 125.984 — Development or redevelopment of district; single improvement.
- Section 125.985 — Special assessments; levy; installment payments; maximum annual amounts; adjustment; special assessment bonds; full faith and credit; maturity; statutory or charter provisions; review; marketing and development plan.
- Section 125.986 — Special assessments; off-street parking lots or structures.
- Section 125.987 — Additional powers.
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