Michigan Compiled Laws § 141.1642 Dissolution.


141.1642 Dissolution.

Sec. 12.

If a commission has waived the requirements of sections 6 and 7 under section 8 each year for the immediately preceding 10 consecutive fiscal years, and the plan for adjustment has expired, the commission shall, by resolution, dissolve itself. All property, funds, and assets of the commission, if any, shall be transferred to and vested in this state.


History: 2014, Act 181, Imd. Eff. June 20, 2014


Section: Previous  141.1631  141.1632  141.1633  141.1634  141.1635  141.1636  141.1637  141.1638  141.1640  141.1641  141.1642  141.1643    Next

Last modified: October 10, 2016