324.34103 Previously organized districts; validity, rights, privileges, and obligations; applicability of part.
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324.34103 Previously organized districts; validity, rights, privileges, and obligations; applicability of part.
Sec. 34103.
This part does not affect the validity of any district organized under the laws of this state prior to July 10, 1967, or its rights in or to property, or any of its rights or privileges of any kind or nature; but the districts are subject to this part so far as practicable. In addition, this part shall not do any of the following:
(a)Affect, impair, or discharge any contract, obligations, lien, or charge for, or upon which, a district was or might become liable or chargeable if former Act No. 205 of the Public Acts of 1967 had not been passed.
(b)Affect the validity of any bonds which had been issued prior to July 10, 1967.
(c)Affect any action pending on July 10, 1967.
History: Add. 1995, Act 59, Imd. Eff. May 24, 1995
Popular Name: Act 451
Popular Name: NREPA