Sec. 10. Upon dissolution of an authority, the property, books, records, files, and funds of the authority shall become property of the township and shall be held or disposed of by the township in a manner prescribed by law.
Mich. Comp. Laws § 3.560
Dissolution of authority; disposition of property
Applied in 2 court decisions — leading case 199 Mich. App. 286 - Midland Cogeneration Venture Ltd. Partnership v. Public Service Commission (1993)
Most recently applied in 199 Mich. App. 286 - Midland Cogeneration Venture Ltd. Partnership v. Public Service Commission (April 1993)
1978, Act 151, Imd
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.