Sec. 2.
(1) A township may grant a franchise by a majority vote of the township board. The board shall designate a franchise granted under this act as either revocable or irrevocable.
(2) If the franchise is designated as irrevocable, approval of the franchise as irrevocable shall be submitted to a vote of the electors of the township at the next election.
(3) If the electors do not approve the irrevocability of the franchise, the franchise shall remain valid but continue as a revocable franchise.
History: 1909, Act 266, Eff. Sept. 1, 1909 ;-- CL 1915, 4837 ;-- CL 1929, 11104 ;-- CL 1948, 460.602 ;-- Am. 1996, Act 322, Imd. Eff. June 26, 1996
Structure Michigan Compiled Laws
Chapter 460 - Public Utilities
Act 266 of 1909 - Public Utility Franchise (460.601 - 460.605)
Section 460.601 - Franchise to Use Streets and Public Places; Grant by Township Board.
Section 460.603 - Vote by Electors to Grant Irrevocable Trust; Notice.
Section 460.603a - Revocable Franchise Granted Before Effective Date of Act.
Section 460.604, 460.605 - Repealed. 1996, Act 322, Imd. Eff. June 26, 1996.