There is a newer version of the Michigan Compiled Laws
2010 Michigan Compiled Laws
Chapter 141 - MUNICIPAL FINANCING
Act 72 of 1990 - LOCAL GOVERNMENT FISCAL RESPONSIBILITY ACT (141.1201 - 141.1291)
72-1990-2 - ARTICLE 2 GOVERNMENTAL PROVISIONS (141.1211...141.1226)
LOCAL GOVERNMENT FISCAL RESPONSIBILITY ACT (EXCERPT)Act 72 of 1990 Article 2
GOVERNMENTAL PROVISIONS
- Section 141.1211 - Definitions.
- Section 141.1212 - Preliminary review by state treasurer; conditions; notice; meeting with local government; informing governor of serious financial problem.
- Section 141.1213 - Review team; appointment; conditions to undertaking local financial management review; effect of former law.
- Section 141.1214 - Review team; functions; report to governor; contents; time; copies of report; conclusion.
- Section 141.1215 - Determination by governor; notice; findings of fact; statement; hearing; confirmation or revocation of determination; report.
- Section 141.1216 - Failure to abide by provisions of consent agreement.
- Section 141.1217 - Appeal; setting aside determination.
- Section 141.1218 - Assigning responsibility for managing local government financial emergency; appointment, qualifications, and term of emergency financial manager; compensation and expenses; staff and professional assistance.
- Section 141.1219 - Orders.
- Section 141.1220 - Written financial plan.
- Section 141.1221 - Additional actions by emergency financial manager.
- Section 141.1221a - Report filed by emergency financial manager with governor, senate majority leader, speaker of house of representatives and posted on website of local unit of government.
- Section 141.1222 - Authorization to proceed under federal law; local government as debtor; notice.
- Section 141.1223 - Liability.
- Section 141.1224 - Failure of elected officials to provide assistance and information as gross neglect of duty; report; review and hearing; removal from office; filling vacancy.
- Section 141.1225 - Revoking declaration of financial emergency; recommendation.
- Section 141.1226 - Power to impose taxes.
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