2012 Michigan Compiled Laws
Chapter 141 — MUNICIPAL FINANCING
Act 57 of 1957 — LOCAL IMPROVEMENT REVOLVING FUND (141.371 - 141.375)
Section 141.371 — Definitions.
LOCAL IMPROVEMENT REVOLVING FUND (EXCERPT)
Act 57 of 1957
141.371 Definitions.
Sec. 1.
For the purpose of this act unless the context otherwise indicates:
(a) Local improvement means any public improvement, the expense of which, in whole or in part, the governing body of any city or village pursuant to law or charter has determined shall be defrayed by special assessments upon the property specially benefited.
(b) Governing body means the council, common council, or commission of a city or the council, commission, or board of trustees of a village.
(c) Local improvement revolving fund means the fund authorized to be established under this act for the purposes specified in this act.
(d) Tax elector means a person having the qualifications of an elector.
History: 1957, Act 57, Eff. Sept. 27, 1957 ;-- Am. 2002, Act 287, Imd. Eff. May 9, 2002
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