Michigan Laws 123.4 – Division of territory; apportionment of debts
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Terms Used In Michigan Laws 123.4
- Personal property: All property that is not real property.
All debts owing by a city or township from which territory has been detached, as provided for in section 1 of this act, shall be apportioned in the same manner as the personal property of such city or township, and each city and township shall be charged with and pay its share of the debts according to such apportionment.