Sec. 301.
At the October session of the board of supervisors, each board shall appropriate and collect by general taxation from the taxable property within their respective counties for the purpose of creating a revolving drain fund, such sum as said board may deem necessary. Said revolving fund when so created shall be used and disposed of solely as provided in this chapter.
History: 1956, Act 40, Imd. Eff. Mar. 28, 1956 ;-- Am. 1969, Act 90, Imd. Eff. July 24, 1969 Popular Name: Act 40
Structure Michigan Compiled Laws
Chapter 280 - Drain Code of 1956
Act 40 of 1956 - The Drain Code of 1956 (280.1 - 280.630)
40-1956-12. - Chapter 12. Revolving Funds for Drains. (280.301...280.307)
Section 280.301 - Revolving Drain Fund; Creation, Use.
Section 280.303 - Revolving Drain Fund; Accounting Records; Reimbursement.
Section 280.304 - Revolving Drain Fund; Deposit in Bank; Interest.