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Code · Michigan · Chapter 141 — Municipal Financing

141.442 Budget stabilization fund; creation.

42 words·~1 min read·/mi/chapter-141/141-442

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141.442 Budget stabilization fund; creation.
Sec. 2.
The governing body of a municipality by an ordinance adopted by a 2/3 vote of the members elected and serving may create a budget stabilization fund.
History: 1978, Act 30, Imd. Eff. Feb. 24, 1978
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