MCL - Act 161 of 1923
AN ACT to provide for the establishment of county sinking funds and to create a county sinking fund commission; to prescribe the powers and duties thereof; to prescribe penalties and provide remedies; and to repeal all acts and parts of acts contravening the provisions of this act.
History: 1923, Act 161, Eff. Aug. 30, 1923
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Am. 1998, Act 163, Eff. Mar. 23, 1999
| Document | Type | Description |
|---|---|---|
| Section 141.31 | Section | Bond issues; requisite sinking funds. |
| Section 141.32 | Section | Sinking fund commissioners. |
| Section 141.33 | Section | Sinking fund commissioners; control of fund, application; payment, manner. |
| Section 141.34 | Section | Sinking fund commissioners; handling of funds, investment; bonded debt. |
| Section 141.35 | Section | Sinking fund commissioners; annual meeting, procedure; rules; authorizing vote; clerk, records. |
| Section 141.36 | Section | Sinking fund commissioners; condition reports to board; tax recommendations. |
| Section 141.37 | Section | Bond sale; interest, credit; expenses of commissioners. |
| Section 141.38 | Section | Suit on securities. |
| Section 141.39 | Section | Saving clause; construction of act. |
| Section 141.40 | Section | Violation of MCL 168.1 to 168.992 applicable to petitions; penalties. |