MCL ch. 397, subtit. Act 261 of 1913 — LIBRARIES UNDER BOARDS OF EDUCATION | Michigan Compiled Laws (complete through PA 103 of 2026) — Michigan

MCL 397.261 Boards of education library; annual expense estimates.

397.261. Boards of education library; annual expense estimates. Sec. 1. Boards of education in cities where free public libraries are under control of such boards of education by reason of existing charters or otherwise, from and after the passage of this act are hereby authorized and empowered to include in their annual estimate a sum or sums sufficient to properly care for and defray the expense of maintenance and to purchase new books required for such libraries. 1913, Act 261, Eff. Aug. 14, 1913; CL 1915, 5836; CL 1929, 8081; CL 1948, 397.261

MCL 397.262 Boards of education; raising money for purchase of property; bonds; issuance; approval by electors; issuance subject to revised municipal finance act.

397.262. Boards of education; raising money for purchase of property; bonds; issuance; approval by electors; issuance subject to revised municipal finance act. Sec. 2. (1) Boards of education in cities having the control of free public libraries by reason of existing charters or otherwise are hereby authorized and empowered to raise money, either by including the amount in their annual estimates or by borrowing on the faith and credit of the school district and issuing certificates or bonds to secure the payment of the amount borrowed, sufficient to purchase property for a site and to provide the money necessary to erect, equip, and maintain buildings for a free public library and other educational uses. (2) Bonds provided for in this act shall not be issued until the question of the issuance of those bonds has been submitted to the electors of the district affected and approved by a majority of the electors voting on the question. (3) Bonds issued under this act are subject to the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821. 1913, Act 261, Eff. Aug. 14, 1913; CL 1915, 5837; CL 1929, 8082; CL 1948, 397.262; Am. 2002, Act 346, Imd. Eff. May 23, 2002