Mich. Comp. Laws § 124.479

Current through Public Act 171 of the 2024 Legislative Session
Section 124.479 - Duration of financial obligation

Notwithstanding any other provision of this act, a political subdivision may obligate itself financially for a period over 5 years from the date the obligation is undertaken only if approved by majority vote of the electorate of the political subdivision.

MCL 124.479

1986, Act 196, Imd. Eff. 7/10/1986.