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60 chapters · 469 sections in this title.
Mich. Comp. Laws § 211.401 Definitions.
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Sec. 1. The following definitions shall apply for the purposes of this act: (a) "Municipality": Any county, township, city, village or school district. (b) "Governing body": The board of supervisors of a county; the township board of a township; the council, common council or com…
Mich. Comp. Laws § 211.402 Municipal bonds and obligations; Home Owners Loan bonds and coupons; acceptance in payment of taxes.
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Sec. 2. On and after the effective date of this act, the governing body of any municipality, by resolution, is hereby authorized to provide that general obligation bonds and coupons and other obligations of the municipality, either due or to become due, may be accepted at par in …
Mich. Comp. Laws § 211.403 Assessment district bonds and obligations; Home Owners Loan bonds and coupons; acceptance in payment of special assessments.
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Sec. 3. On and after the effective date of this act, the governing body of any special assessment district, by resolution, is hereby authorized to provide that bonds and coupons and other obligations of the special assessment district, either due or to become due, may be accepted…
Mich. Comp. Laws § 211.403a Resolution authorizing receipt terms; restrictions; conditions.
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Sec. 3a. The resolution authorizing the receipt of the bonds and coupons and other obligations in payment of taxes or special assessments may provide the terms, restrictions, and conditions upon which the same shall be so receivable and may provide that the same shall be receivab…