Michigan Compiled Laws 40-1956-12. Chapter 12. Revolving Funds For Drains. (280.301...280.307)
- Section 280.301 Revolving Drain Fund; Creation, Use.
At the October session of the board of supervisors, each board shall appropriate and collect by general taxation from the taxable property within their...
- Section 280.302 Revolving Drain Fund; Use; Intercounty Drains; Expenses After Date Of Letting Drain Contracts.
The revolving fund may be used for paying the engineer or surveyor for his services in laying out a drainage district, also any necessary...
- Section 280.303 Revolving Drain Fund; Accounting Records; Reimbursement.
The county treasurers shall carry as a separate account upon the books of their office a revolving fund and all accounts and items pertaining...
- Section 280.304 Revolving Drain Fund; Deposit In Bank; Interest.
The said revolving fund shall be deposited in the bank of the county offering the highest rate of interest on daily balances, final determination...
- Section 280.305 Revolving Drain Fund; Transfer To Particular Drain Fund Of Moneys Under Former Law, Use.
When the moneys for the revolving fund shall have been appropriated, the county treasurer shall immediately transfer back to each particular drain fund any...
- Section 280.306 Revolving Drain Fund; Expenditures Or Obligation Before Completion Of Improvement; Apportionment.
Whenever revolving fund moneys have been expended or a drainage district has become obligated to pay expenses for engineering, legal and administrative services, by...
- Section 280.307 Revolving Drain Fund; Intercounty Drain, Apportionment, Recovery Of Moneys.
Whenever revolving fund moneys have been expended and no improvement has been completed subsequent to the order designating a drainage district as prescribed in...
Last modified: October 10, 2016