PocketLaw | Michigan Compiled Laws | 62 of 1963 - Industrial

62 of 1963 - Industrial Development Revenue Bond Act of 1963 (125.1251 - 125.1267)

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Section
125.1251

Legislative Determination; Short Title.

Section
125.1252

Definitions.

Section
125.1253

Powers of Municipality Generally.

Section
125.1253a

Programs of Water and Air Pollution Control for Industries and Public Utilities; Water and Air Pollution Control Equipment; Powers of Municipality.

Section
125.1254

Bonds; Purpose; Issuance; Serial or Term Bonds; Interest; Form of Bonds and Coupons; Execution; Payment; Tax Exemption; Debt Limitation Inapplicable; Registration; Applicability of Other Acts.

Section
125.1255

Resolution Authorizing Issuance of Bonds; Contents.

Section
125.1256

Redemption of Bonds.

Section
125.1257

Default; Receiver.

Section
125.1258

Repealed. 1966, Act 340, Imd. Eff. Sept. 21, 1966.

Section
125.1259

Additional Bonds; Refunding Bonds.

Section
125.1260

Cost of Project.

Section
125.1261

Taxation of Lessee; Liens; Recovery.

Section
125.1262

Referendum; Intention to Issue Bonds.

Section
125.1262a

Violation of MCL 168.1 to 168.992 Applicable to Petitions; Penalties.

Section
125.1263

Issuance of Bonds; Application; Resolution and Project Cost Estimate; Approval by Municipal Finance Commission or Successor Agency; Exception; Effect of Order; Prior Approval Requirement Subject to MCL 133.10 and 133.11; Department of Treasury Order Providing or Denying Exception From Prior Approval.

Section
125.1264

Sale of Bonds.

Section
125.1265

Municipalities; Powers as to Industrial Buildings and Machinery.

Section
125.1266

Construction of Act; Cumulative Powers.

Section
125.1267

Liberal Construction of Act.