Sec. 2. (1) The treasurer or the ETO of a local unit may enter into an ACH arrangement as provided by this act. (2) An ACH arrangement under this act is not subject to the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821, or to provisions of law or charter concerning the issuance of debt by a local unit.
Mich. Comp. Laws § 124.302
ACH arrangement; scope
2002, Act 738, Imd
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.