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2019 Michigan Compiled Laws
Chapter 141 - Municipal Financing
Act 181 of 2014 Michigan Financial Review Commission Act (141.1631 - 141.1643)
AN ACT to create the Michigan financial review commission act; to provide for the operation of certain commissions; to create funds and accounts; to prescribe the powers and duties of certain commissions, the state treasurer, certain other state officials and state employees, and certain local officials; to provide for the dissolution of certain commissions; and to make certain appropriations.
History: 2014, Act 181, Imd. Eff. June 20, 2014.
- Section 141.1631 Short Title.
- Section 141.1632 Legislative Findings and Declarations.
- Section 141.1633 Definitions.
- Section 141.1634 Financial Review Commission; Creation; Powers, Duties, Functions, and Responsibilities; Budgeting, Procurement, Personnel, and Related Management Functions; Qualified School District.
- Section 141.1635 Financial Review Commission; Membership; Financial Review Commission for Both Qualified City and Qualified School District; Exception; Terms; Compensation; Travel and Expenses; Chairperson; Quorum; Conducting Business at Public Meetings; Writings Subject to Freedom of Information Act; Bylaws; Professional Services; Members and Contractors or Agents Subject to Mcl 15.321 to 15.330 and Mcl 15.301 to 15.310; Adoption of Ethics Policy; Oath of Office.
- Section 141.1636 Duties of Commission; Review and Approval of Applicable Contracts; Reports; Approval of Collective Bargaining Agreements; Supplementary Information; Certification and Report of Debt Service.
- Section 141.1637 Commission; Powers.
- Section 141.1638 Waiver; Resolution; Conditions; Rescission; Reversal.
- Section 141.1640 Commission as Public and Governmental Purpose.
- Section 141.1641 Appropriation.
- Section 141.1642 Dissolution; Release of Qualified City or Qualified School District From Oversight; Qualified School District Subject to Emergency Manager.
- Section 141.1643 Court of Claims; Jurisdiction.
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