§ 123.951 Local building authorities; incorporation; purposes; “transit-oriented development” and “transit-oriented facility” defined
§ 123.952 Joint buildings and parking lots; authorities; incorporation; purposes
§ 123.952a Joint buildings and parking lots of school districts and municipalities; authorities; incorporation; acquisition; operation; maintenance; use
§ 123.952b Public buildings used for disabled, developmentally disabled, or mentally disturbed children; constituent school districts and intermediate school districts; authority; purpose; contract
§ 123.953 Incorporating unit; definition
§ 123.954 Incorporation of authority; procedure
§ 123.955 County and municipal building authority; articles of incorporation; contents; eligibility of governing body member for membership or appointment
§ 123.955a Joint building authority; commissioners; election and terms of members; chairperson; secretary; bylaws and rules of procedure; elected official as member; conducting business at public meeting; notice
§ 123.955b Board of commissioners; compensation, per diem, mileage
§ 123.956 Articles of incorporation; publication; statement; filing; effective date; presumption
§ 123.957 Building authority; body corporate; powers
§ 123.958 Contracts to acquire property; leases and subleases; acquisitions constituting public purpose; stadiums
§ 123.958a Agreement in contract of lease to pay cash rental, costs, and expenses; general obligations; tax levy; other funds; setoff or abatement of cash rentals
§ 123.958b Contract of lease; full faith and credit general obligation; resolution submitting contract to vote of electors; effective date; notice of intention; referendum petition; election
§ 123.958c Violation of MCL 168.1 to 168.992 applicable to petitions; penalties
§ 123.959 Building authority; acquisition of property, condemnation
§ 123.960 Amendment of articles of incorporation
§ 123.961 Building authority bonds or building authority refunding bonds; purpose; conditions; issuance of negotiable bonds to make cash rental payments
§ 123.961a Building authority revenue bonds or building authority revenue refunding bonds; purpose; prerequisites of issuance
§ 123.961b Ordinance or resolution authorizing issuance of bonds; adoption; contents
§ 123.961d Bonds; statutory lien
§ 123.961e Bonds; use and disposition of proceeds
§ 123.961f Additional bonds
§ 123.961g Bond and interest redemption fund
§ 123.961h Redemption of bonds prior to maturity
§ 123.961j Bonds subject to revised municipal finance act; tax exemption
§ 123.962 Tax exemption for property
§ 123.963 Bonds; retirement; conveyance of title to property
§ 123.964 Construction of act
§ 123.965 Validation of prior authorities, actions, and bonds

Terms Used In Michigan Laws > Chapter 123 > Act 31 of 1948

  • Amendment: A proposal to alter the text of a pending bill or other measure by striking out some of it, by inserting new language, or both. Before an amendment becomes part of the measure, thelegislature must agree to it.
  • Appeal: A request made after a trial, asking another court (usually the court of appeals) to decide whether the trial was conducted properly. To make such a request is "to appeal" or "to take an appeal." One who appeals is called the appellant.
  • certified abandoned property: means property that has been returned as delinquent to the county treasurer on March 1 of each tax year and is certified as certified abandoned property under the certification of abandoned property for accelerated forfeiture act. See Michigan Laws 211.79
  • community college: includes a junior college established prior to June 14, 1955. See Michigan Laws 380.1601
  • Complaint: A written statement by the plaintiff stating the wrongs allegedly committed by the defendant.
  • Damages: Money paid by defendants to successful plaintiffs in civil cases to compensate the plaintiffs for their injuries.
  • Defendant: In a civil suit, the person complained against; in a criminal case, the person accused of the crime.
  • Devise: To gift property by will.
  • Felony: A crime carrying a penalty of more than a year in prison.
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Foreclosure: A legal process in which property that is collateral or security for a loan may be sold to help repay the loan when the loan is in default. Source: OCC
  • Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
  • Guardian: A person legally empowered and charged with the duty of taking care of and managing the property of another person who because of age, intellect, or health, is incapable of managing his (her) own affairs.
  • incorporating unit: as used in this act shall be deemed to mean a county, city, village, township, intermediate school district or other school district incorporating an authority or joining in such incorporation. See Michigan Laws 123.953
  • Lien: A claim against real or personal property in satisfaction of a debt.
  • month: means a calendar month; the word "year" a calendar year; and the word "year" alone shall be equivalent to the words "year of our Lord". See Michigan Laws 8.3j
  • Nolo contendere: No contest-has the same effect as a plea of guilty, as far as the criminal sentence is concerned, but may not be considered as an admission of guilt for any other purpose.
  • Partnership: A voluntary contract between two or more persons to pool some or all of their assets into a business, with the agreement that there will be a proportional sharing of profits and losses.
  • Plea: In a criminal case, the defendant's statement pleading "guilty" or "not guilty" in answer to the charges, a declaration made in open court.
  • Probate: Proving a will
  • Real property: Land, and all immovable fixtures erected on, growing on, or affixed to the land.
  • Service of process: The service of writs or summonses to the appropriate party.
  • Settlement: Parties to a lawsuit resolve their difference without having a trial. Settlements often involve the payment of compensation by one party in satisfaction of the other party's claims.
  • Statute of limitations: A law that sets the time within which parties must take action to enforce their rights.
  • Verdict: The decision of a petit jury or a judge.