Emergency Municipal Loan Act (Excerpt) Act 243 Of 1980

Published: 2015

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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

© 2015 Legislative Council, State of Michigan