Michigan · Statutes
Act Act-436-of-2012
36 sections
36 sections
- Mich. Comp. Laws § 141.1541Short title.
- Mich. Comp. Laws § 141.1542Definitions.
- Mich. Comp. Laws § 141.1543Findings; declarations.
- Mich. Comp. Laws § 141.1544Determination of probable financial stress; preliminary review; conditions; school district; notification to local government; interim report of findings; final report; finding of probable financial stress; appointment of review team for municipal government; appointment of review team for local school district; staff support; duration of appointment.
- Mich. Comp. Laws § 141.1545Review team; powers; meeting with local government; report; posting on department of treasury's website; contents; appointment of individual or firm to carry out review and submit report.
- Mich. Comp. Laws § 141.1546Determination by governor; opportunity for local government to submit statement; determination of financial emergency; notification; hearing; findings of fact by governor; report; resolution by local government to appeal determination.
- Mich. Comp. Laws § 141.1547Local government options; approval of resolution by mayor or school board; failure of local governing body to pass resolution; limitation.
- Mich. Comp. Laws § 141.1547aSchool district subject to enhanced deficit elimination plan; determination by state treasurer; declaration of financial emergency; appointment of emergency manager; recommendation.
- Mich. Comp. Laws § 141.1548Consent agreement; negotiation and signature; provisions; continuing operations plan; form; amendment of budget adopted by municipal government or school district; recovery plan; terms and provisions; powers granted to chief administrative officer, chief financial officer, governing body, or other local officers; consultant; release from requirements.
- Mich. Comp. Laws § 141.1549Emergency manager; appointment by governor; powers; qualifications; compensation; private funds; additional staff and assistance; quarterly reports; service; removal of local government from receivership; delegation of duties from governor to state treasurer; applicable state laws; appointment under former act; removal.
- Mich. Comp. Laws § 141.1550Orders.
- Mich. Comp. Laws § 141.1551Financial and operating plan for local government; development and amendment by emergency manager; objectives; submission; modification; form; conduct of public informational meeting; effect of plan adopted under former law.
- Mich. Comp. Laws § 141.1552Additional actions by emergency manager; suspension of power of administrative officer and governing body; contracts subject to competitive bidding; sale or transfer of public utility; limitation.
- Mich. Comp. Laws § 141.1553Pendency of receivership; compensation of chief administrative officer and members of local governing body.
- Mich. Comp. Laws § 141.1554School district in receivership; additional actions.
- Mich. Comp. Laws § 141.1555Sale of asset worth more than $50,000.00; payment of benefit upon death of police officer or firefighter.
- Mich. Comp. Laws § 141.1556Criminal conduct contributing to receivership status.
- Mich. Comp. Laws § 141.1557Report.
- Mich. Comp. Laws § 141.1558Recommendation to proceed under chapter 9.
- Mich. Comp. Laws § 141.1559Proposed action; submission to local governing body; approval or disapproval; alternative proposal.
- Mich. Comp. Laws § 141.1560Emergency manager; immunity from liability; responsibilities of attorney general; costs; insurance; litigation expenses after conclusion of date of service; failure of municipal government or school district to honor and remit legal expenses.
- Mich. Comp. Laws § 141.1561Adoption and implementation of 2-year budget.
- Mich. Comp. Laws § 141.1562Determination that financial emergency rectified; actions by governor.
- Mich. Comp. Laws § 141.1563Receivership transition advisory board.
- Mich. Comp. Laws § 141.1564Determination that financial conditions not corrected; appointment of new emergency manager.
- Mich. Comp. Laws § 141.1565Neutral evaluation process.
- Mich. Comp. Laws § 141.1566Chapter 9 proceeding.
- Mich. Comp. Laws § 141.1567Duty of local officials and employees to provide assistance and information; failure to abide by act.
- Mich. Comp. Laws § 141.1568Imposition of taxes; prohibition.
- Mich. Comp. Laws § 141.1569Issuance of bulletins; rules.
- Mich. Comp. Laws § 141.1570Actions under former law.
- Mich. Comp. Laws § 141.1571Emergency manager serving prior to effective date of act.
- Mich. Comp. Laws § 141.1572Liability or cause of action.
- Mich. Comp. Laws § 141.1573Severability.
- Mich. Comp. Laws § 141.1574Appropriation.
- Mich. Comp. Laws § 141.1575Appropriation.