Michigan · Statutes
Act Act-34-of-2001
58 sections
58 sections
- Mich. Comp. Laws § 141.2101Short title.
- Mich. Comp. Laws § 141.2103Definitions.
- Mich. Comp. Laws § 141.2105Municipal security; limitations.
- Mich. Comp. Laws § 141.2201Powers and duties of department.
- Mich. Comp. Laws § 141.2203Appeal of department determination.
- Mich. Comp. Laws § 141.2301Issuance of municipal security.
- Mich. Comp. Laws § 141.2303Annual audit report and qualifying statement; filing by municipality; compliance requirements; determination; correction of noncompliant requirements; reconsideration; order granting exception from prior approval.
- Mich. Comp. Laws § 141.2304Issuance of municipal security; provisions applicable to contracting municipalities.
- Mich. Comp. Laws § 141.2305Issuance of municipal security; interest rate; sale at discount; rating; maturity; principal as interest.
- Mich. Comp. Laws § 141.2307Proposed bulletin; public comment period.
- Mich. Comp. Laws § 141.2308Limited tax full faith and credit pledge; notice.
- Mich. Comp. Laws § 141.2309Sale of municipal security at competitive or negotiated sale; requirements.
- Mich. Comp. Laws § 141.2311Municipal security; registration; facsimile signatures; transfer of ownership; delivery; validity of signature of former officer.
- Mich. Comp. Laws § 141.2313Mutilated security; substitution.
- Mich. Comp. Laws § 141.2315Issuance of municipal security; determination; payment on demand; contrary ordinance or charter provision.
- Mich. Comp. Laws § 141.2317Interest rate exchange or swap, hedge, or similar agreement; definitions.
- Mich. Comp. Laws § 141.2319Document to be filed by municipality; failure to comply with subsection (1) or (2).
- Mich. Comp. Laws § 141.2321Filing in electronic format.
- Mich. Comp. Laws § 141.2323Municipal security issued without department approval; rating.
- Mich. Comp. Laws § 141.2401Short-term municipal securities; issuance; conditions; public airport authority.
- Mich. Comp. Laws § 141.2403Resolution authorizing municipal security; tax levy provision; operating expenditures; limitation; set aside of taxes collected; tax installments; capital improvements; debt service charges.
- Mich. Comp. Laws § 141.2405Issuance of short-term municipal securities; payments allowed; operating expenditures or debt service charges; limitation; authorizing resolution; set aside of taxes collected; capital improvements; deduction of outstanding principal amount.
- Mich. Comp. Laws § 141.2407Anticipation of revenue sharing payments; issuance of short-term municipal securities; payment of operating expenditures; authorizing resolution; set aside of amounts for payment of principal and interest.
- Mich. Comp. Laws § 141.2409Interest rate; limitation; payment.
- Mich. Comp. Laws § 141.2411Money deposited in special fund; use.
- Mich. Comp. Laws § 141.2413Anticipation of long-term municipal security proceeds; issuance of short-term municipal security; authorization of principal, interest, and redemption premiums; limitation on principal amount; use of proceeds.
- Mich. Comp. Laws § 141.2415Anticipation of state or federal grants; issuance of short-term municipal security; pledge of grant proceeds as payment of principal, interest, and redemption premiums; limitation on principal amount; use of municipal security proceeds.
- Mich. Comp. Laws § 141.2501Maturity time periods.
- Mich. Comp. Laws § 141.2503Municipal securities of a single issue; maturity or redemption date; purchase at open market; redemption requirements; municipal securities of school district; municipal security issued by county, city, village, or township pursuant to MCL 141.2518.
- Mich. Comp. Laws § 141.2505Municipal securities secured by special assessments.
- Mich. Comp. Laws § 141.2507Interest rate charge on special assessments.
- Mich. Comp. Laws § 141.2509Reserve fund; establishment.
- Mich. Comp. Laws § 141.2511Issuance of municipal securities to fund county drain special assessment.
- Mich. Comp. Laws § 141.2513Debt incurred; issuance of municipal securities secured by limited tax full faith and credit pledge.
- Mich. Comp. Laws § 141.2515Water supply or sewage disposal, public building, or other public improvement; delivery of municipal security to defray cost.
- Mich. Comp. Laws § 141.2517Capital improvement items; issuance of municipal security to pay cost; notice of intent; petition; referendum; special election; limitation on amount.
- Mich. Comp. Laws § 141.2518Payment of unfunded pension liability or unfunded accrued health care liability; issuance of municipal security; comprehensive financial plan; requirements.
- Mich. Comp. Laws § 141.2601Issuance of refunding securities.
- Mich. Comp. Laws § 141.2603Assumption of outstanding security by another municipality; refunding.
- Mich. Comp. Laws § 141.2605Debt as additional to statutory or charter limitation of tax rate or outstanding debt limit.
- Mich. Comp. Laws § 141.2607Application of refunding security proceeds and available money.
- Mich. Comp. Laws § 141.2609Conditions for securing certain outstanding municipal securities.
- Mich. Comp. Laws § 141.2611Refund of outstanding securities by issuance of refunding security; prohibition; exception; procedures; reasonable basis.
- Mich. Comp. Laws § 141.2613Refunding securities; effect of 141.2503.
- Mich. Comp. Laws § 141.2701Annual tax levy; determination; limitation not applicable; adjustment in event of surplus funds; use of money remaining in debt retirement fund; priority; set aside of tax collections allocable to principal and interest payment; failure of officer to perform duties; “tax levy” defined.
- Mich. Comp. Laws § 141.2705Debt retirement funds; accounting; use; pooled or combined for deposit or investment; certification of debt retirement.
- Mich. Comp. Laws § 141.2707Sinking fund; use; deposit; accounting.
- Mich. Comp. Laws § 141.2801Effective date.
- Mich. Comp. Laws § 141.2802Outstanding municipal security; default; powers of department; plan; implementation.
- Mich. Comp. Laws § 141.2803Repeal of MCL 131.1 to 132.4, 133.1 to 133.9, 133.12 to 133.15, and 134.1 to 139.3; effective date of repeal of MCL 133.10 to 133.11.
- Mich. Comp. Laws § 141.2805Repeal of administrative rules of municipal finance division; effective date.
- Mich. Comp. Laws § 141.2807Exceptions from prior approval of debts or securities; effect of orders; applicability of terms.
- Mich. Comp. Laws § 141.2809Effect of orders approving issuance of securities.
- Mich. Comp. Laws § 141.2811Effect of MCL 141.2303.
- Mich. Comp. Laws § 141.2813Effect of MCL 141.2317.
- Mich. Comp. Laws § 141.2817Effect of MCL 141.2305.
- Mich. Comp. Laws § 141.2819Validation of previously issued securities.
- Mich. Comp. Laws § 141.2821Issuance of municipal security beginning March 1, 2002 and ending April 30, 2002; qualified status.