Michigan Laws 125.681 – Income from sources other than operation; use
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Terms Used In Michigan Laws 125.681
- Borrower: means either of the following:
(i) The city, village, township, or county operating under this act. See Michigan Laws 125.651
Nothing in this act shall be construed to prohibit the borrower from appropriating and using any part of its available income or revenue derived from any source other than from the operation of such project or combined projects in paying any immediate expenses of operation or maintenance of any such project or combined projects, but nothing in this act shall be construed to require the borrower to do so.