2015 Michigan Compiled Laws
Chapter 141 - Municipal Financing
Act 181 of 2014 MICHIGAN FINANCIAL REVIEW COMMISSION ACT (141.1631 - 141.1643)
Section 141.1634 Financial review commission; creation; powers, duties, functions, and responsibilities; budgeting, procurement, personnel, and related management functions.
141.1634 Financial review commission; creation; powers, duties, functions, and responsibilities; budgeting, procurement, personnel, and related management functions.
Sec. 4.
A financial review commission is created within the department of treasury for each qualified city. Except as otherwise provided in this act, a commission shall exercise its powers, duties, functions, and responsibilities under this act independently of the state treasurer. The budgeting, procurement, personnel, and related management functions of a commission shall be performed under the direction and supervision of the state treasurer.
History: 2014, Act 181, Imd. Eff. June 20, 2014
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