94 of 1933 - The Revenue Bond Act of 1933 (141.101 - 141.140)

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  4. 94 of 1933 - The Revenue Bond Act of 1933 (141.101 - 141.140)

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Section
141.101

Short Title; Revenue Bond Act of 1933.

Section
141.102

Construction of Act.

Section
141.103

Definitions.

Section
141.104

Municipal Public Improvements; Limitations; Bonds; Acquiring Utility for Supplying Light, Heat or Power; Referendum; Powers Exercised.

Section
141.105

Estimate of Cost and Period of Usefulness.

Section
141.106

Ordinances; Adoption; Purpose; Approval or Disapproval; Veto; Effective Date; Referendum; Record; Authentication; Publication.

Section
141.107

Bonds; Issuance; Form; Term; Interest; Exclusion From Net Bonded Indebtedness; Registration; Pledge of Funds; Statutory First Lien.

Section
141.107a

Powers of Public Corporation in Determining to Issue Bonds; Terms of Payment; Interest; Sale or Remarketing; Tender of Bonds by Holders; Determining Aggregate Authorized Amount of Bonds Outstanding; Remarketing or Resale of Tendered Bonds or Incurrence of Obligation of Public Corporation; Provisions of Section Construed.

Section
141.107b

Delinquent Tax Revolving Fund; Continuation Under MCL 211.87b; Borrowing Money and Issuing Revenue Notes; Order; Delinquent Tax Revenue as Security; Segregated Fund or Account; Requirements Applicable to Notes; Limited Tax Full-Faith and Credit Obligations of County; Insufficient Tax Proceeds; Pledge of County's General Fund as Security; Conditions; Other Provisions; Exemption From Tax; Payment; Registration; Powers of County Treasurer; Security Under Trust or Escrow Agreement; Exemption From MCL 141.2101 to 141.2821.

Section
141.108

Lien on Revenue in Favor of Bondholders.

Section
141.109

Statutory Lien on Net Revenues; Duration; Enforcement.

Section
141.110

Receiverships for Public Improvements.

Section
141.111

Bonds; Application of Other Laws and Charters.

Section
141.112

Bonds; Discount; Sale Price; Interest; Competitive or Negotiated Sale; Notice; Publication.

Section
141.112a

Bonds Subject to Revised Municipal Finance Act.

Section
141.112b

Bulletins; Issuance by Department of Treasury.

Section
141.113

Bonds; Statement on Face of Bond or on Face of Interest Coupon.

Section
141.114

Bonds; Qualities of Negotiable Instruments.

Section
141.115

Bonds; Deposit and Investment of Sale Proceeds.

Section
141.116

Bonds; Use of Sale Proceeds; Cancellation of Bonds Acquired by Purchase; Payment of Capitalized Interest.

Section
141.117

Bonds; Validity of Signatures.

Section
141.118

Charges for Services; Providing Medical Care Without Charge or at Reduced Rates.

Section
141.119

Additional Bonds.

Section
141.120

Revenue Refunding Bonds.

Section
141.120a

Combined Public Improvements; Bonds; Revenues Pledged; Retirement.

Section
141.120b

Issuance of Revenue Bonds to Retire Outstanding Bonds for Public Improvements; Revenue Refunding Bonds; Noncallable Unmatured Bonds.

Section
141.120c

Parking Revenue Bonds; Special Assessments on Benefited Properties.

Section
141.121

Rates for Services; Sufficiency; Fixing and Revising; Pledge for Payment of Bonds; Charges for Services as Lien on Premises; Certification of Delinquent Charges; Notice of Tenants' Responsibility for Payment of Charges; Cash Deposit; Discontinuance of Service to Enforce Payment of Charges; Validation of Enforcement Methods Included in Ordinance.

Section
141.121a

Issuance of Notes; Requirement That Delinquent Tax Revenues Be Fixed and Sufficient; Statutory Lien.

Section
141.122

Accounting of Revenues; Order of Priority; Disposition of Surplus.

Section
141.122a

Delinquent Tax Revenues; Statutory Lien; Commingling; Designation of Note and Interest Redemption Account; Set Aside of Reasonable Excess Amount; Reserve; Transfer of Surplus to County General Fund.

Section
141.123

Appropriation and Use of Revenues for Payment of Operation and Maintenance Expenses; Appropriation and Use of Moneys Raised by Tax Levy.

Section
141.124

Money in Several Accounts of Public Improvement; Separate Deposit Account; Investment.

Section
141.124a

Deposit Accounts.

Section
141.125

Fixing Dates of Operating Year for Public Improvement.

Section
141.126

Receiving Fund Surplus; Deposit.

Section
141.127

Issuance of Bonds by Public Corporation; Applicable Laws.

Section
141.128

Effect of Approval Permitting Issuance of Bonds.

Section
141.129

Service Rates Not Subject to Supervision by State Agency.

Section
141.130

Books of Record and Account; Annual Audit Report.

Section
141.131

Redemption of Bonds Before Maturity.

Section
141.132

Breach of Contract Not Authorized; Pledging of Revenues; Disconnection of Lands Not to Affect Liability Under Bond Issue.

Section
141.133

Issuance of Bonds Without Submitting Proposition to Voters for Approval; Notice of Intent to Issue Bonds; Petition Requesting Referendum; Special Election; Verification and Rejection of Signatures; Determining Number of Registered Electors.

Section
141.133a

Validation of Bonds Heretofore Issued.

Section
141.133b

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

Section
141.134

Liberal Construction of Act.

Section
141.136

Immediate Necessity.

Section
141.137

Condemnation of Property.

Section
141.138

Trustee; Appointment; Powers and Duties; Pledging of Trust Funds.

Section
141.139

Water Pollution; Prevention or Abatement; Public Corporation May Accept Grants or Aid From u.s. Government.

Section
141.140

Allocation System for Private Activity Bonds; Establishment; Purpose; Applicability; Ratification of Prior Allocations; Revocation of Allocation; Applicability of Subsection (1).