Michigan Compiled Laws
Act 84 of 1999 - Urban Homesteading in Multifamily Public Housing Act (125.2721 - 125.2734)
Section 125.2733 - Audit.

Sec. 13.
(1) Not less than every 2 years, the housing commission shall hire an independent auditor to audit the books and accounts of a resident organization under a management contract to a housing commission.
(2) Not less than every 2 years, a resident organization that has taken legal ownership of a housing project or property that previously was a housing project shall hire an independent auditor to audit the books and accounts of the resident organization.
(3) Upon completion, the audit reports described in this section shall be made available to the public.
History: 1999, Act 84, Imd. Eff. June 28, 1999

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 125 - Planning, Housing, and Zoning

Act 84 of 1999 - Urban Homesteading in Multifamily Public Housing Act (125.2721 - 125.2734)

Section 125.2721 - Short Title.

Section 125.2722 - Definitions.

Section 125.2723 - Urban Homestead Program in Multifamily Public Housing; Availability of Property to Qualified Buyers; Resolution; Appeals Process to Applicants and Buyers.

Section 125.2724 - Acquisition of Housing Project by Resident Organization; Conditions; Payment of Fees and Operation Subsidies; Management Training and Counseling; Application for Grant Funds.

Section 125.2725 - Transfer of Legal Ownership.

Section 125.2726 - Acquisition of Public Housing Property; Eligibility to Enter Homestead Agreement; Substance Abuse Testing; Verification of School Attendance.