Budget stabilization fund; creation.
MCL 141.442
in effect141.442. Budget stabilization fund; creation.
Sec. 2.
The governing body of a municipality by an ordinance adopted by a 2/3 vote of the members elected and serving may create a budget stabilization fund.
1978, Act 30, Imd. Eff. Feb. 24, 1978
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-141-442Fetched: 10/20/2026
