Michigan Laws > Chapter 123 > Act 90 of 1913 – Parks, Zoological Gardens, and Airports


§ 123.61	County park, zoological garden or airport; land, acquisition, appropriation; vote
§ 123.62	County park, zoological garden or airport; land, acquisition; appropriation for improvement and maintenance
§ 123.63	County park, zoological garden or airport; owned or held in trust
§ 123.64	Providing funds for public park, zoological garden, airport, or other authorized purpose; appropriation; property tax; limitation
§ 123.65	Construction of powers; boulevards
§ 123.66	County park trustees; board of county road commissioners; rules and regulations, resolution, publication; report to board of supervisors
§ 123.66a	County airport committee; appointment, powers, organization
§ 123.67	Maintenance payment to local treasurer; misapplication penalty
§ 123.68	Violation of posted rule or regulation as misdemeanor; penalty; recreational trailway; posting of regulation; violation as municipal civil infraction

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Amortization: Paying off a loan by regular installments.
Recourse: An arrangement in which a bank retains, in form or in substance, any credit risk directly or indirectly associated with an asset it has sold (in accordance with generally accepted accounting principles) that exceeds a pro rata share of the bank's claim on the asset. If a bank has no claim on an asset it has sold, then the retention of any credit risk is recourse. ^{Source: FDIC}