EMERGENCY MUNICIPAL LOAN ACT (EXCERPT)
Act 243 of 1980


141.933a Proceeds of a loan; special assessment.

Sec. 3a.

    The proceeds of a loan issued under this act to a municipality shall not be used by the municipality to finance any costs associated with a special assessment or special assessment district established after the effective date of the amendatory act that added this section.


History: Add. 2012, Act 284, Imd. Eff. Aug. 1, 2012




Rendered 8/15/2025 2:05 AM
Michigan Compiled Laws Complete Through PA 5 of 2025
Courtesy of legislature.mi.gov