Mich. Comp. Laws § 125.2219

Dissolution of authority; resolution; disposition of property and assets.

Last amended: 1986Year: 2026Length: 54 wordsOfficial source
Sec. 19. An authority which has completed the purposes for which it was organized shall be dissolved by resolution of the township board. The property and assets of the authority remaining after the satisfaction of the obligations of the authority shall belong to the township. History: 1986, Act 59, Imd. Eff. Mar. 26, 1986
Mich. Comp. Laws § 125.2219: Dissolution of authority; resolution; disposition of property and assets. | Justis AI