Michigan Compiled Laws
Act 80 of 1981 - Fiscal Stabilization Act (141.1001 - 141.1011)
Section 141.1011 - Conditional Effective Date.

Sec. 11.
This act shall not take effect unless House Bill No. 4563 of the 81st Legislature is enacted into law.
History: 1981, Act 80, Eff. July 15, 1981 Compiler's Notes: House Bill No. 4563, referred to in this section, was approved by the Governor on July 15, 1981, and became P.A. 1981, No. 97, Imd. 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.