2015 Michigan Compiled Laws
Chapter 141 - Municipal Financing
Act 436 of 2012 LOCAL FINANCIAL STABILITY AND CHOICE ACT (141.1541 - 141.1575)
Section 141.1556 Criminal conduct contributing to receivership status.
141.1556 Criminal conduct contributing to receivership status.
Sec. 16.
An emergency manager shall, on his or her own or upon the advice of the local inspector if a local inspector has been retained, make a determination as to whether possible criminal conduct contributed to the financial situation resulting in the local government's receivership status. If the emergency manager determines that there is reason to believe that criminal conduct has occurred, the manager shall refer the matter to the attorney general and the local prosecuting attorney for investigation.
History: 2012, Act 436, Eff. Mar. 28, 2013
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