Michigan Compiled Laws
Act 59 of 1986 - Resort District Rehabilitation Act (125.2201 - 125.2219)
Section 125.2219 - Dissolution of Authority; Resolution; Disposition of Property and Assets.

Sec. 19.
An authority which has completed the purposes for which it was organized shall be dissolved by resolution of the township board. The property and assets of the authority remaining after the satisfaction of the obligations of the authority shall belong to the township.
History: 1986, Act 59, Imd. Eff. Mar. 26, 1986

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 125 - Planning, Housing, and Zoning

Act 59 of 1986 - Resort District Rehabilitation Act (125.2201 - 125.2219)

Section 125.2201 - Short Title.

Section 125.2202 - Definitions.

Section 125.2203 - Resort District Authority; Establishment; Inclusion of Parcel of Property; Approval by Resolution; Nature and Powers of Authority; Tax Limitations.

Section 125.2204 - Resolution of Intent to Create and Provide for Operation of Authority; Public Hearing; Notice; Right to Be Heard.

Section 125.2205 - Ordinance or Resolution Establishing Authority; Filing; Publication.

Section 125.2206 - Board; Appointment, Qualifications, and Terms of Members; Vacancy; Compensation; Election of Chairperson; Oath of Office.

Section 125.2207 - Determination and Submission of Proposed Boundaries and Millage to Township Board; Approval by Resolution; Election; Notice; Approval of Proposition.