Michigan Compiled Laws
Chapter 141 - Municipal Financing
Act 2 of 1968 - Uniform Budgeting and Accounting Act (141.421 - 141.440a)

Section 141.421 - Uniform Charts of Accounts for Local Units; Design; Conformity to Uniform Standards; Maintenance of Local Unit Accounts; Publication of Standard Operating Procedures and Forms; Assistance, Advice, or Instruction; Inadequacy of Local... - Sec. 1. (1) The state treasurer shall prescribe uniform charts...

Section 141.421a - Short Title. - Sec. 1a. This act shall be known and may be...

Section 141.422 - Meanings of Words and Phrases. - Sec. 2. For the purposes of this act, the words...

Section 141.422a - Definitions; A, B. - Sec. 2a. (1) "Administrative officer" means an individual employed or...

Section 141.422b - Definitions; B to D. - Sec. 2b. (1) "Budgetary center" means a general operating department...

Section 141.422c - Definitions; E to G. - Sec. 2c. (1) "Expenditure" means the cost of goods delivered...

Section 141.422d - Definitions; D to S. - Sec. 2d. (1) "Depository library" means a depository library designated...

Section 141.423 - Publication; Hearings. - Sec. 3. The state treasurer, before the adoption of a...

Section 141.424 - Annual Financial Report; Contents; Filing; Extension; Unauthorized Investments Prohibited; “Pension” Defined. - Sec. 4. (1) The chief administrative officer of each local...

Section 141.424a - Failure of Local Unit to Report Investments in Derivative Instruments or Products. - Sec. 4a. (1) If a local unit fails to report...

Section 141.424b - Schedule of Derivative Instruments and Products; Filing Copies; Library of Michigan and Depository Libraries as Depositories; Retention of Annual Report by Local Unit. - Sec. 4b. (1) The state treasurer shall promptly file with...

Section 141.425 - Local Units; Audits. - Sec. 5. (1) A local unit having a population of...

Section 141.426 - Certified Public Accountants; Cost. - Sec. 6. Local units may retain certified public accountants to...

Section 141.427 - Minimum Auditing Procedures and Standards; Form for Report of Auditing Procedures; Filing Audit Report and Report of Auditing Procedures; Time for Filing; Extension. - Sec. 7. (1) The state treasurer shall prescribe minimum auditing...

Section 141.428 - Contents of Audit Report. - Sec. 8. Every audit report shall do all of the...

Section 141.429 - Public Inspection of Audit Reports. - Sec. 9. All audit reports submitted under this act shall...

Section 141.430 - Orders and Subpoenas. - Sec. 10. In connection with any audit and examination conducted...

Section 141.431 - Violations of Act. - Sec. 11. If any audit or investigation conducted under this...

Section 141.432 - Verification of Transactions. - Sec. 12. (1) For purposes of verifying any transactions disclosed...

Section 141.433 - Scope of Examiner's Authority; Production of Records; Divulging Confidential Information. - Sec. 13. (1) Notwithstanding the confidentiality provisions of any tax...

Section 141.433a - Energy Conservation Improvements. - Sec. 13a. (1) Except as otherwise provided by law, the...

Section 141.434 - Budget; Preparation, Presentation, and Control of Expenditures; Information; Transmitting Recommended Budget to Legislative Body; Suggested General Appropriations Act; Consideration of Recommended Budget; Furnishing Information to L... - Sec. 14. (1) Unless otherwise provided by law, charter, resolution,...

Section 141.435 - Recommended Budget; Contents; Limitation on Total Estimated Expenditures. - Sec. 15. (1) The recommended budget shall include at least...

Section 141.436 - General Appropriations Act; Requirements; Line Items Not Mandated; Taxation; Limitation on Estimated Total Expenditure; Presumption; Suit Against County Legislative Body; Standing; Mediation; Severability. - Sec. 16. (1) Unless another method for adopting a budget...

Section 141.437 - General Appropriations Act; Amendment; Reports; Recommendations. - Sec. 17. (1) Except as otherwise provided in section 19,...

Section 141.438 - Incurring Debts or Obligations; Dividing Appropriations Into Allotments; Expenditures; Application or Diversion of Money; Restrictions on Delegation of Duties; Enforcement Power; Suit Against Chief Administrative Officer of County;... - Sec. 18. (1) A member of the legislative body, chief...

Section 141.439 - Expenditure of Funds; Transfers Within Appropriations. - Sec. 19. (1) A member of the legislative body, the...

Section 141.440 - Violation; Filing; Report; Review and Action by Attorney General; Civil Action for Recovery of Funds and Public Property. - Sec. 20. A violation of sections 17 to 19 by...

Section 141.440a - Manuals, Forms, and Operating Procedures; Training and Educational Programs. - Sec. 20a. (1) The department of treasury shall publish suggested...