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)
Section 141.1216 - Failure to abide by provisions of consent agreement.
LOCAL GOVERNMENT FISCAL RESPONSIBILITY ACT (EXCERPT)Act 72 of 1990
141.1216 Failure to abide by provisions of consent agreement.
Sec. 16.
If, at any time following determination by the governor that a serious financial problem exists under section 15(1)(b), the state treasurer or the review team informs the governor that the local government is not abiding by the provisions of a consent agreement, the governor shall determine that a financial emergency exists in the local government, and section 15(2) and section 18 shall then apply to that local government.
History: 1990, Act 72, Imd. Eff. May 15, 1990
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