Mich. Comp. Laws § 41.110
This is the official text of Mich. Comp. Laws § 41.110, part of Michigan’s Comp. Laws — part of the compiled statutory law of Michigan, published by the state as "Comp. Laws." Browse the sections below, each linked to its official government source.
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Transfer of unexpended balance in nonrestricted township fund to general fund of township.
Official statutory text
Sec. 110.
The township board may, by resolution, transfer the unexpended balance in a nonrestricted township fund to the general fund of the township after provision has been made for the payment of unpaid warrants or orders drawn on the nonrestricted fund and for claims and accounts then existing which, when audited and allowed, would be payable out of that fund.
If a transfer of funds is authorized pursuant to subsection (1), the treasurer of the township shall provide for the transfer of funds when and as authorized by the township board.
A township board shall not transfer the unexpended balance of any township fund under this section if unpaid bonds payable from the fund are outstanding.
History: Add. 1989, Act 77, Imd. Eff. June 20, 1989
The township board may, by resolution, transfer the unexpended balance in a nonrestricted township fund to the general fund of the township after provision has been made for the payment of unpaid warrants or orders drawn on the nonrestricted fund and for claims and accounts then existing which, when audited and allowed, would be payable out of that fund.
If a transfer of funds is authorized pursuant to subsection (1), the treasurer of the township shall provide for the transfer of funds when and as authorized by the township board.
A township board shall not transfer the unexpended balance of any township fund under this section if unpaid bonds payable from the fund are outstanding.
History: Add. 1989, Act 77, Imd. Eff. June 20, 1989
Status: in_force · Read it on the official government site
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