Mich. Comp. Laws § 125.681

Current through Public Act 151 of the 2024 Legislative Session
Section 125.681 - Income from sources other than operation; use

Nothing in this act shall be construed to prohibit the borrower from appropriating and using any part of its available income or revenue derived from any source other than from the operation of such project or combined projects in paying any immediate expenses of operation or maintenance of any such project or combined projects, but nothing in this act shall be construed to require the borrower to do so.

MCL 125.681

1933, Ex. Sess., Act 18, Imd. Eff. 1/9/1934 ;--CL 1948, 125.681.