There is a newer version of the Michigan Compiled Laws
2010 Michigan Compiled Laws
Chapter 141 - MUNICIPAL FINANCING
Act 79 of 1937 - MUNICIPAL BORROWING (141.221 - 141.226)
MUNICIPAL BORROWINGAct 79 of 1937
AN ACT to authorize any municipality, as herein defined, to borrow money and issue notes in anticipation of the collection of revenues other than taxes and special assessments; and to prescribe the powers and duties of certain state departments, commissions, and officials.
History: 1937, Act 79, Imd. Eff. June 14, 1937
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Am. 1983, Act 50, Imd. Eff. May 16, 1983
- Section 141.221 - Definitions.
- Section 141.222 - Municipal borrowing; bus and street railway transportation or water supply utility purposes.
- Section 141.223 - Notes subject to MCL 141.2101 to 141.2821.
- Section 141.224 - Municipal borrowing for utility purposes; limitations.
- Section 141.225 - Repealed. 2002, Act 193, Imd. Eff. Apr. 29, 2002.
- Section 141.226 - Municipal borrowing for utility purposes; liability of municipality; construction of act.
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