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Michigan Financial Review Commission Act (Excerpt) Act 181 Of 2014

Published: 2015

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Act 181 of 2014

141.1642 Dissolution.Sec. 12.

If a commission has waived the requirements of sections 6 and 7 under section 8 each year for the immediately preceding 10 consecutive fiscal years, and the plan for adjustment has expired, the commission shall, by resolution, dissolve itself. All property, funds, and assets of the commission, if any, shall be transferred to and vested in this state.

History: 2014, Act 181, Imd. Eff. June 20, 2014

© 2015 Legislative Council, State of Michigan