MCL - 34-2001-VII

REVISED MUNICIPAL FINANCE ACT (EXCERPT)
Act 34 of 2001
Part VII
TAX LEVIES, DEBT RETIREMENT, AND SINKING FUND
Document Type Description
Section 141.2701 Section Annual tax levy; determination; limitation not applicable; adjustment in event of surplus funds; use of money remaining in debt retirement fund; priority; set aside of tax collections allocable to principal and interest payment; failure of officer to perform duties; “tax levy” defined.
Section 141.2705 Section Debt retirement funds; accounting; use; pooled or combined for deposit or investment; certification of debt retirement.
Section 141.2707 Section Sinking fund; use; deposit; accounting.
34-2001-VII-VIII Division CHAPTER VIII (141.2801...141.2821)