Michigan Compiled Laws Act 296 Of 2010 Art Institute Authorities Act (123.1201 - 123.1229)

AN ACT to provide for the establishment of art institute authorities; to provide for the powers and duties of an art institute authority; to authorize the levy and collection of a property tax by an art institute authority; and to provide for the powers and duties of certain government officials.

History: 2010, Act 296, Imd. Eff. Dec. 16, 2010

Section 123.1201 Short Title.
This act shall be known and may be cited as the "art institute authorities act". History: 2010, Act 296, Imd. Eff. Dec. 16, 2010
Section 123.1203 Definitions.
As used in this act: (a) "Art institute" means an encyclopedic art museum whose primary art collection and facility, at the date an authority...
Section 123.1205 Art Institute Authority; Formation; Public Corporate Body; Powers; Prohibitions.
(1) Any county may form an art institute authority. (2) An art institute authority is an authority under section 6 of article IX of...
Section 123.1207 Articles Of Incorporation; Contents; Adoption; Amendment; Publication; Filing; Effectiveness.
(1) To initiate the establishment of an authority, articles of incorporation shall be prepared by a majority of the members of the county board...
Section 123.1209 Board; Vacancy; Removal Of Member; Quorum; Official Action; Compensation; Expenses; Business Conducted At Public Meeting; Writings; Election Of Officers; Bylaws.
(1) A vacancy occurs on the board on the happening of any of the events set forth in section 3 of 1846 RS 15,...
Section 123.1211 Powers Of Authority.
An authority may do 1 or more of the following: (a) Provide funding to an art institute services provider to support the provision of...
Section 123.1213 Replacement Of Initial Art Institute Services Provider; Contract For Use Of Funds.
Before a vote for a tax levy under section 17 occurs or, if an initial art institute services provider is replaced, before any funds...
Section 123.1215 Approval Of Tax; Preferences Or Benefits For Residents.
If a majority of electors in the county voting on the question of a tax as provided in section 17 approve the tax, the...
Section 123.1217 Tax Levy; Limitation; Ballot Proposal; Adoption Of Proposal By Resolution; Authorization Of Tax Levy; Limitation On Number Of Elections Held On Proposal.
(1) An authority may levy a tax of not more than 0.2 mill for a period of not more than 20 years on all...
Section 123.1219 Election; Ballots; Conduct.
(1) The county election commission of the county shall provide ballots for an election for a tax under section 17. (2) An election for...
Section 123.1221 Close Of Registration And Election; Notices; Results; Final Canvass; Certification.
(1) If an election for a tax under section 17 is to be held in conjunction with a general election or a state primary...
Section 123.1223 Levy And Collection Of Tax.
A tax authorized to be levied by an authority under this act shall be levied and collected at the same time and in the...
Section 123.1225 Transfer Of Funds To Art Institute Services Provider.
Within 10 business days of the receipt of the funds from the local property tax collecting unit for the tax levied under this act,...
Section 123.1227 Reimbursement Of Election Costs To County Or To Municipality.
(1) If a majority of the electors in the county voting on the question of a tax as provided in section 17 approve the...
Section 123.1229 Audit; Financial Plan; Investment Or Deposit Of Funds.
(1) A board shall obtain an annual audit of the authority, and report on the audit and auditing procedures, in the manner provided by...

Last modified: October 10, 2016