Michigan Laws 211.502 – Public improvement assessment; personal obligation; installments
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Terms Used In Michigan Laws 211.502
- Obligation: An order placed, contract awarded, service received, or similar transaction during a given period that will require payments during the same or a future period.
In case any such assessment set forth in section 1 hereof shall be payable in installments, each installment shall constitute a personal obligation of the owner of such parcel of land at the time such assessment roll shall be delivered to such collecting officer.