Sec. 5.
As soon as any such ordinance becomes effective the township board may authorize the execution of any such contract as is herein contemplated on behalf of the township by any 2 or more of its officers, and when such contract has been properly executed by such corporation the same shall constitute a binding agreement and obligation on the part of the township and upon the part of the said corporation.
History: 1956, Ex. Sess., Act 6, Imd. Eff. July 31, 1956
Structure Michigan Compiled Laws
Chapter 486 - Water and Power Companies
Act 6 of 1956 (Ex. Sess.) - Township Water System Act of 1956 (486.501 - 486.508)
Section 486.501 - Corporations to Supply Water to Townships; Incorporators.
Section 486.503 - Great Lakes Waters; Construction of Works.
Section 486.504a - Violation of MCL 168.1 to 168.992 Applicable to Petitions; Penalties.
Section 486.507 - Purchase of Waterworks; Procedure.
Section 486.508 - Township Water System Act of 1956; Short Title.