Michigan Laws 38.2808 – Development of corrective action plan; list of best practices and strategies
Current as of: 2023 | Check for updates
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Terms Used In Michigan Laws 38.2808
- board: means the municipal stability board created in section 7. See Michigan Laws 38.2803
- Corrective action plan: means a plan that details the actions to be taken by a local unit of government to address and resolve the underfunded status of the local unit of government. See Michigan Laws 38.2803
- Local unit of government: means any of the following:
(i) A city. See Michigan Laws 38.2803
The board shall review and annually update a list of best practices and strategies that will assist an underfunded local unit of government in developing a corrective action plan.