Section 141.125 - Fixing dates of operating year for public improvement.
THE REVENUE BOND ACT OF 1933 (EXCERPT)
Act 94 of 1933
141.125 Fixing dates of operating year for public improvement.
Sec. 25.
The ordinance authorizing the issuance of such bonds shall fix the dates of the beginning and ending of the operating year for such public improvement, subject to the right of the department of treasury to require that it correspond with the fiscal year of the borrower.
History: 1933, Act 94, Imd. Eff. May 26, 1933 ;-- Am. 1946, 1st Ex. Sess., Act 23, Eff. June 7, 1946 ;-- CL 1948, 141.125 ;-- Am. 1983, Act 76, Imd. Eff. June 6, 1983