Mich. Comp. Laws § 324.30919

Current through Public Act 156 of the 2024 Legislative Session
Section 324.30919 - Additional special assessments

If the assessments in any special assessment roll prove insufficient for any reason, including the noncollection of the assessment, to pay for the improvement for which they were made or to pay the principal and interest on the bonds issued in anticipation of the collection of the assessment, then the lake board shall make additional pro rata assessments to supply the deficiency, but the total amount assessed against any parcel of land shall not exceed the value of the benefits received from the improvement.

MCL 324.30919

Add. 1995, Act 59, Imd. Eff. 5/24/1995 .