Michigan Compiled Laws
Act 80 of 1981 - Fiscal Stabilization Act (141.1001 - 141.1011)
Section 141.1001 - Short Title.

Sec. 1.
This act shall be known and may be cited as the "fiscal stabilization act".
History: 1981, Act 80, Eff. July 15, 1981

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 141 - Municipal Financing

Act 80 of 1981 - Fiscal Stabilization Act (141.1001 - 141.1011)

Section 141.1001 - Short Title.

Section 141.1002 - State Administrative Board; Powers and Duties; Actions of Board.

Section 141.1003 - Cities or Counties Authorized to Borrow Money and Issue General Obligation Bonds or Obligations to Fund Operating Deficit.

Section 141.1004 - Application for Order Approving Bonds or Obligations; Resolution; Determination of Accumulated Operating Deficit; Conditions and Determinations; Statement; Issuance of Order; Determinations and Findings Conclusive; Maximum Amount o...

Section 141.1005 - Bonds or Obligations; Amounts Included.

Section 141.1006 - Bonds or Obligations; Terms and Conditions.

Section 141.1007 - Levy of Property Taxes for Payment of Principal and Interest on Bonds or Obligations.

Section 141.1008 - Issuing Bonds or Obligations as Limited Tax Bonds or Obligations; Resolution Without Vote of Electors and Publication of Notice; Submitting Question to Electors; Approval or Disapproval; Prior Actions.

Section 141.1009 - Bonds or Obligations Issued Before April 11, 1988; Bonds or Obligations Issued After April 11, 1988 and Before January 1, 2010; Powers of Legislative Body; Agreement Providing for Direct Payment of Distributable Aid to Paying Agent...

Section 141.1010 - Action to Enforce Compliance With Act.

Section 141.1011 - Conditional Effective Date.