Sec. 10. Upon dissolution of an authority, the property, books, records, files, and funds of the authority shall become property of the township and shall be held or disposed of by the township in a manner prescribed by law.
Mich. Comp. Laws § 3.560, under BASE CONVERSION AUTHORITY.
Mich. Comp. Laws § 3.560
Sec. 10. Upon dissolution of an authority, the property, books, records, files, and funds of the authority shall become property of the township and shall be held or disposed of by the township in a manner prescribed by law.