§ 123.351 Definitions
§ 123.352 Purchase of water supply system and/or sewage disposal system by city from adjoining metropolitan district; contract, approval
§ 123.353 Succession of rights, obligations and property; contract
§ 123.354 Services; continuance, extension
§ 123.355 Readjustment of service rates; adoption of ordinances, property outside limits
§ 123.356 Construction of act

Terms Used In Michigan Laws > Chapter 123 > Act 82 of 1955 - Joint Water and Sewage Disposal System

  • Amortization: Paying off a loan by regular installments.
  • 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.
  • National Bank: A bank that is subject to the supervision of the Comptroller of the Currency. The Office of the Comptroller of the Currency is a bureau of the U.S. Treasury Department. A national bank can be recognized because it must have "national" or "national association" in its name. Source: OCC
  • Personal property: All property that is not real property.
  • Qualified agricultural property: means that term as defined in section 7dd. See Michigan Laws 211.27a