Gifts From Municipal Utilities (Excerpt) Act 301 Of 1969


Published: 2015

Subscribe to a Global-Regulation Premium Membership Today!

Key Benefits:

Subscribe Now for only USD$40 per month, or Get a Day Pass for only USD$9.99.
GIFTS FROM MUNICIPAL UTILITIES (EXCERPT)
Act 301 of 1969

123.391 Authorization for giving gifts and contributions; source; legislative approval.

Sec. 1.

Any municipality owning or operating any public utility may authorize the giving of gifts or contributions from the operating revenues of the utility in such amounts and for such purposes as shall be determined by the governing body of the public utility to be in the public interest, subject to the approval of the legislative body of the municipality.


History: 1969, Act 301, Eff. Mar. 20, 1970

© 2015 Legislative Council, State of Michigan