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Act 181 of 2014
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MICHIGAN FINANCIAL REVIEW COMMISSION ACT

Act 181 of 2014

AN ACT to create the Michigan financial review commission act; to provide for the operation of certain commissions; to create funds and accounts; to prescribe the powers and duties of certain commissions, the state treasurer, certain other state officials and state employees, and certain local officials; to provide for the dissolution of certain commissions; and to make certain appropriations.


History: 2014, Act 181, Imd. Eff. June 20, 2014.




The People of the State of Michigan enact:

DocumentTypeDescription
Section 141.1631SectionShort title.
Section 141.1632SectionLegislative findings and declarations.
Section 141.1633SectionDefinitions.
Section 141.1634SectionFinancial review commission; creation; powers, duties, functions, and responsibilities; budgeting, procurement, personnel, and related management functions; qualified school district.
Section 141.1635SectionFinancial review commission; membership; financial review commission for both qualified city and qualified school district; exception; terms; compensation; travel and expenses; chairperson; quorum; conducting business at public meetings; writings subject to freedom of information act; bylaws; professional services; members and contractors or agents subject to MCL 15.321 to 15.330 and MCL 15.301 to 15.310; adoption of ethics policy; oath of office.
Section 141.1636SectionDuties of commission; review and approval of applicable contracts; reports; approval of collective bargaining agreements; supplementary information; certification and report of debt service.
Section 141.1637SectionCommission; powers.
Section 141.1638SectionWaiver; resolution; conditions; rescission; reversal.
Section 141.1640SectionCommission as public and governmental purpose.
Section 141.1641SectionAppropriation.
Section 141.1642SectionDissolution; release of qualified city or qualified school district from oversight; qualified school district subject to emergency manager.
Section 141.1643SectionCourt of claims; jurisdiction.
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