Michigan Compiled Laws
Act 181 of 2014 - Michigan Financial Review Commission Act (141.1631 - 141.1643)
Section 141.1640 - Commission as Public and Governmental Purpose.

Sec. 10.
Each commission, and the carrying out of its authorized purposes under this act, is in all respects a public and governmental purpose for the benefit of the people of this state and for the improvement of their health, safety, welfare, comfort, and security. These purposes are public purposes, and the commission will be performing an essential governmental function in the exercise of the powers provided by this act.
History: 2014, Act 181, Imd. Eff. June 20, 2014

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Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 141 - Municipal Financing

Act 181 of 2014 - Michigan Financial Review Commission Act (141.1631 - 141.1643)

Section 141.1631 - Short Title.

Section 141.1632 - Legislative Findings and Declarations.

Section 141.1633 - Definitions.

Section 141.1634 - Financial Review Commission; Creation; Powers, Duties, Functions, and Responsibilities; Budgeting, Procurement, Personnel, and Related Management Functions; Qualified School District.

Section 141.1635 - Financial Review Commission; Membership; Financial Review Commission for Both Qualified City and Qualified School District; Exception; Terms; Compensation; Travel and Expenses; Chairperson; Quorum; Conducting Business at Public Mee...

Section 141.1636 - Duties of Commission; Review and Approval of Applicable Contracts; Reports; Approval of Collective Bargaining Agreements; Supplementary Information; Certification and Report of Debt Service.