EMERGENCY MUNICIPAL LOAN ACT
- Section 141.931 - Definitions
- Section 141.932 - Local emergency financial assistance loan board; creation; membership; powers and duties; approval of actions; conducting business at public meeting; staff services; powers of municipality
- Section 141.933 - Maximum amount of loans in fiscal year; limitations; conditions; maintaining loan proceeds in separate account; monitoring expenditures; loan proceeds subject to MCL 45.621 to 45.631; revenue for loans; restructuring payments; "county juvenile agency" defined
- Section 141.933a - Proceeds of a loan; special assessment
- Section 141.934 - Application for loan by municipality; resolution; certification of information and conditions; inspection, copying, or auditing of books and records; applicability of subsection (1)
- Section 141.935 - [Repealed]
- Section 141.936 - Annual rate or rates of interest; fixed rate; rate calculated upon formula; limitation; payment of interest and principal; delinquency; repayment at earlier date or in fewer installments; prohibited conditions; effect of failure to make repayments; loan as general obligation of municipality; exception
- Section 141.936a - State treasurer selling or transferring loan; security; interest rate; terms; notice
- Section 141.937 - Duties of municipality receiving loan; failure to comply with subsection (1) and 5-year plan; definitions; exception
- Section 141.938 - [Repealed]
- Section 141.939 - Annual report; evaluation of loan program; recommendations
- Section 141.940 - [Repealed]
- Section 141.941 - Short title
- Section 141.942 - Conditional effective date