BUDGET STABILIZATION FUND (EXCERPT)
Act 30 of 1978

141.442 Budget stabilization fund; creation.

Sec. 2.

The governing body of a municipality by an ordinance adopted by a 2/3 vote of the members elected and serving may create a budget stabilization fund.

History: 1978, Act 30, Imd. Eff. Feb. 24, 1978

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Michigan Compiled Laws Complete Through PA 5 of 2025
Courtesy of legislature.mi.gov