State Codes and Statutes

State Codes and Statutes

Statutes > Michigan > Chapter-141 > Act-72-of-1990 > 72-1990-3

Section 141.1231 - Definitions.
Section 141.1232 - Responsibility for monitoring and reviewing financial condition of school districts.
Section 141.1233 - Determination of serious financial problem; conditions; notice.
Section 141.1234 - Review team; appointment; composition; purpose; conditions; functions; report of findings; time; copies of report; conclusion.
Section 141.1235 - Determination by superintendent of public instruction; notice; findings of fact; statement; hearing; confirmation or revocation of determination; report.
Section 141.1236 - Failure to abide by consent agreement.
Section 141.1237 - Appeal; setting aside determination.
Section 141.1238 - Emergency financial manager; nominees; appointment, qualifications, and term; contract; compensation and expenses; staff and professional assistance.
Section 141.1239 - Orders.
Section 141.1240 - Written financial plan.
Section 141.1241 - Control over fiscal matters; fiscal decisions; actions by emergency financial manager; authorization to proceed under federal law; school district as debtor.
Section 141.1241a - Report filed by emergency financial manager with governor, senate majority leader, speaker of house of representatives and posted on website of school district.
Section 141.1242 - Revoking declaration of financial emergency; recommendation; resolution.
Section 141.1243 - Assistance and information; compliance.
Section 141.1244 - Liability.