Proceeds of a loan; special assessment.

Mich. Comp. Laws § 141.933a, under EMERGENCY MUNICIPAL LOAN ACT.

Mich. Comp. Laws § 141.933a

Sec. 3a. The proceeds of a loan issued under this act to a municipality shall not be used by the municipality to finance any costs associated with a special assessment or special assessment district established after the effective date of the amendatory act that added this section.