Mich. Comp. Laws § 125.2219

Current through Public Act 171 of the 2024 Legislative Session
Section 125.2219 - Dissolution of authority; resolution; disposition of property and assets

An authority which has completed the purposes for which it was organized shall be dissolved by resolution of the township board. The property and assets of the authority remaining after the satisfaction of the obligations of the authority shall belong to the township.

MCL 125.2219

1986, Act 59, Imd. Eff. 3/26/1986.