Michigan Laws 141.442 – Budget stabilization fund; creation
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Terms Used In Michigan Laws 141.442
- Fund: means a budget stabilization fund. See Michigan Laws 141.441
- Municipality: means a county, city, village, or township. See Michigan Laws 141.441
The governing body of a municipality by an ordinance adopted by a 2/3 vote of the members elected and serving may create a budget stabilization fund.