There is a newer version of the Michigan Compiled Laws
2014 Michigan Compiled Laws
Chapter 125 - PLANNING, HOUSING, AND ZONING
Act 62 of 1963 INDUSTRIAL DEVELOPMENT REVENUE BOND ACT OF 1963 (125.1251 - 125.1267)
- Section 125.1251 Legislative determination; short title.
- Section 125.1252 Definitions.
- Section 125.1253 Powers of municipality generally.
- Section 125.1253a Programs of water and air pollution control for industries and public utilities; water and air pollution control equipment; powers of municipality.
- Section 125.1254 Bonds; purpose; issuance; serial or term bonds; interest; form of bonds and coupons; execution; payment; tax exemption; debt limitation inapplicable; registration; applicability of other acts.
- Section 125.1255 Resolution authorizing issuance of bonds; contents.
- Section 125.1256 Redemption of bonds.
- Section 125.1257 Default; receiver.
- Section 125.1258 Repealed. 1966, Act 340, Imd. Eff. Sept. 21, 1966.
- Section 125.1259 Additional bonds; refunding bonds.
- Section 125.1260 Cost of project.
- Section 125.1261 Taxation of lessee; liens; recovery.
- Section 125.1262 Referendum; intention to issue bonds.
- Section 125.1262a Violation of MCL 168.1 to 168.992 applicable to petitions; penalties.
- Section 125.1263 Issuance of bonds; application; resolution and project cost estimate; approval by municipal finance commission or successor agency; exception; effect of order; prior approval requirement subject to MCL 133.10 and 133.11; department of treasury order providing or denying exception from prior approval.
- Section 125.1264 Sale of bonds.
- Section 125.1265 Municipalities; powers as to industrial buildings and machinery.
- Section 125.1266 Construction of act; cumulative powers.
- Section 125.1267 Liberal construction of act.
Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
This site is protected by reCAPTCHA and the Google
Privacy Policy and
Terms of Service apply.