There is a newer version of the Michigan Compiled Laws
2012 Michigan Compiled Laws
Chapter 125 — PLANNING, HOUSING, AND ZONING
Act 59 of 1986 — RESORT DISTRICT REHABILITATION ACT (125.2201 - 125.2219)
Section 125.2219 — Dissolution of authority; resolution; disposition of property and assets.
MI Comp L § 125.2219 (2012 through Reg Sess) What's This?
RESORT DISTRICT REHABILITATION ACT (EXCERPT)
Act 59 of 1986
125.2219 Dissolution of authority; resolution; disposition of property and assets.
Sec. 19.
An authority which has completed the purposes for which it was organized shall be dissolved by resolution of the township board. The property and assets of the authority remaining after the satisfaction of the obligations of the authority shall belong to the township.
History: 1986, Act 59, Imd. Eff. Mar. 26, 1986
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