Sec. 10.
The fiscal year of the cooperative library is October 1 to September 30, except where the cooperative library must conform to the fiscal year fixed by another state law or local charter. The funds of the cooperative library shall be deposited in banks designated by the cooperative library board.
History: 1977, Act 89, Imd. Eff. Aug. 2, 1977
Structure Michigan Compiled Laws
Act 89 of 1977 - State Aid to Public Libraries Act (397.551 - 397.576)
Section 397.551 - Short Title.
Section 397.552 - Definitions.
Section 397.553 - Cooperative Boards; Establishment; Number.
Section 397.554 - Preliminary Cooperative Plan for Library Services; Contents; Development.
Section 397.555 - Eligibility for Membership in Cooperative Library.
Section 397.556 - Areas Included in Cooperative Library.
Section 397.559 - Submission and Contents of Plan; Approval of Plan; Jurisdiction.
Section 397.560 - Fiscal Year and Funds of Cooperative Library.
Section 397.561a - Nonresident Borrowing Fees.
Section 397.563 - State Aid for Cooperative Libraries.
Section 397.565 - Payment for Services by Member Libraries; Cooperative Library Headquarters.
Section 397.567 - Compliance With Certification Requirements as Qualification for State Aid.
Section 397.568 - Application for State Aid; Certification.
Section 397.569 - Distribution of State Aid; Statement; Vouchers; Warrants.
Section 397.570 - Deposit of Money in Separate Fund; Review of Expenditures.
Section 397.571 - Expenditure of State Aid.
Section 397.572 - Dispute; Hearing; Decision.
Section 397.573 - Needs Considered by State Board in Carrying Out Powers and Duties.
Section 397.574 - Repealed. 1982, Act 541, Eff. Mar. 30, 1983.