460.602 Franchise granted by township board; majority vote; designation as revocable or irrevocable; vote by electors.
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460.602 Franchise granted by township board; majority vote; designation as revocable or irrevocable; vote by electors.
Sec. 2.
(1)A township may grant a franchise by a majority vote of the township board. The board shall designate a franchise granted under this act as either revocable or irrevocable.
(2)If the franchise is designated as irrevocable, approval of the franchise as irrevocable shall be submitted to a vote of the electors of the township at the next election.
(3)If the electors do not approve the irrevocability of the franchise, the franchise shall remain valid but continue as a revocable franchise.
History: 1909, Act 266, Eff. Sept. 1, 1909 ;-- CL 1915, 4837 ;-- CL 1929, 11104 ;-- CL 1948, 460.602 ;-- Am. 1996, Act 322 , Imd. Eff. June 26, 1996