THE DRAIN CODE OF 1956 (EXCERPT)
Act 40 of 1956
280.527 Statutory or charter tax limitation inapplicable; rate or amount of taxes.
Taxes levied by a public corporation for the payment of assessments hereunder shall not be deemed to be within any statutory or charter tax limitation. Public corporations may impose taxes without limitation as to rate or amount for the payment of the assessments in anticipation of which bonds are issued, which taxes shall be in addition to any taxes that the public corporation may otherwise be authorized to levy but not more than the rate or amount sufficient therefor.
History: 1956, Act 40, Imd. Eff. Mar. 28, 1956
Am. 1959, Act 77, Imd. Eff. June 29, 1959
Am. 1973, Act 208, Imd. Eff. Jan. 11, 1974
Popular Name: Act 40
© 2009 Legislative Council, State of Michigan