Mich. Comp. Laws § 141.105

Current through Public Act 156 of the 2024 Legislative Session
Section 141.105 - Estimate of cost and period of usefulness

Whenever the governing body of any public corporation shall determine to purchase, acquire, construct, improve, enlarge, extend and/or repair any public improvement and to issue bonds under this act, it shall first cause an estimate to be made of the cost and the period of usefulness thereof, and the fact that such estimate has been made and the amount and period of time thereof shall appear in the ordinance authorizing and providing for the issuance of the bonds.

MCL 141.105

1933, Act 94, Imd. Eff. 5/26/1933 ;--Am. 1935, Act 66, Imd. Eff. 5/17/1935 ;--Am. 1939, Act 2, Imd. Eff. 2/15/1939 ;--Am. 1946, 1st Ex. Sess., Act 23, Eff. 6/7/1946 ;--CL 1948, 141.105 ;--Am. 1949, Act 244, Eff. 9/23/1949 .