Section 123.391 - Authorization for giving gifts and contributions; source; legislative approval. - Michigan Statutes

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Statutes > Michigan > Chapter-123 > Act-301-of-1969 > Section-123-391

GIFTS FROM MUNICIPAL UTILITIES (EXCERPT)
Act 301 of 1969

123.391 Authorization for giving gifts and contributions; source; legislative approval.

Sec. 1.

Any municipality owning or operating any public utility may authorize the giving of gifts or contributions from the operating revenues of the utility in such amounts and for such purposes as shall be determined by the governing body of the public utility to be in the public interest, subject to the approval of the legislative body of the municipality.

History: 1969, Act 301, Eff. Mar. 20, 1970

State Codes and Statutes

Statutes > Michigan > Chapter-123 > Act-301-of-1969 > Section-123-391

GIFTS FROM MUNICIPAL UTILITIES (EXCERPT)
Act 301 of 1969

123.391 Authorization for giving gifts and contributions; source; legislative approval.

Sec. 1.

Any municipality owning or operating any public utility may authorize the giving of gifts or contributions from the operating revenues of the utility in such amounts and for such purposes as shall be determined by the governing body of the public utility to be in the public interest, subject to the approval of the legislative body of the municipality.

History: 1969, Act 301, Eff. Mar. 20, 1970

State Codes and Statutes

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State Codes and Statutes

Statutes > Michigan > Chapter-123 > Act-301-of-1969 > Section-123-391

GIFTS FROM MUNICIPAL UTILITIES (EXCERPT)
Act 301 of 1969

123.391 Authorization for giving gifts and contributions; source; legislative approval.

Sec. 1.

Any municipality owning or operating any public utility may authorize the giving of gifts or contributions from the operating revenues of the utility in such amounts and for such purposes as shall be determined by the governing body of the public utility to be in the public interest, subject to the approval of the legislative body of the municipality.

History: 1969, Act 301, Eff. Mar. 20, 1970