Section 141.442 - Budget stabilization fund; creation.
BUDGET STABILIZATION FUND (EXCERPT)
Act 30 of 1978
141.442 Budget stabilization fund; creation.
Sec. 2.
The governing body of a municipality by an ordinance adopted by a 2/3 vote of the members elected and serving may create a budget stabilization fund.
History: 1978, Act 30, Imd. Eff. Feb. 24, 1978