2010 Michigan Compiled Laws
Chapter 123 - LOCAL GOVERNMENTAL AFFAIRS
Act 235 of 1947 - JOINT WATER AND SEWAGE DISPOSAL SYSTEM (123.331 - 123.347)

JOINT WATER AND SEWAGE DISPOSAL SYSTEM
Act 235 of 1947
AN ACT to regulate the ownership, extension, improvement and operation of public water and sewage disposal systems lying within 2 or more public corporations; to authorize the acquisition, by any public corporation, of that part of a public water or sewage disposal system lying within its boundaries; and to provide for the payment and security of revenue bonds issued for the construction, acquisition, extension and improvement of such systems.

History: 1947, Act 235, Eff. Oct. 11, 1947

• Section 123.331 - Public corporation; definition.
• Section 123.332 - Water and sewage disposal system; acquisition through change of boundaries; referendum.
• Section 123.333 - Disposal system; electors' approval; ordinance.
• Section 123.334 - Disposal system; joint board or commission, control; members, election.
• Section 123.335 - Disposal system; alternative plans for division or operation.
• Section 123.336 - Disposal system; retirement of bonds; noncallable bonds; bond and interest redemption fund; payment priority; bonds subject to revenue bond act of 1933.
• Section 123.337 - Disposal system; operation as a single unit; segregation and disposition of revenues, retirement of bonds.
• Section 123.338 - Disposal system; operation as a separate unit after retirement of bonds; collection and disposition of revenues.
• Section 123.339 - Disposal system; division between public corporations; proportionate share of expenses or indebtedness.
• Section 123.340 - Disposal system; operation by joint board or agency as unit; fund payments; depreciation, contingent, and surplus funds; revised municipal finance act inapplicable.
• Section 123.341 - Disposal system; apportionment of revenues, debts, properties; realty, purchase, use.
• Section 123.342 - Disposal system provisions applicable.
• Section 123.343 - Disposal system; cumulative effect of act; repeal of authority granted by other law.
• Section 123.344 - Disposal system; joint acquisition by public corporations under other statutes; contracts.
• Section 123.345 - Disposal system; contracts for division of systems existing or to be acquired.
• Section 123.346 - Vote or proceeding by public corporation before effective date of act; validation.
• Section 123.347 - Act not deemed part of bondholders' contract; proceedings impairing contracts prohibited.