Michigan § 124.479 - Duration of financial obligation; applicability.
Full text of Michigan Michigan Compiled Laws § 124.479 — Duration of financial obligation; applicability., with citation guidance and answers to common questions.
§ 124.479. Duration of financial obligation; applicability.
(1) Before the effective date of the amendatory act that added subsection (2), and notwithstanding any other provision of this act, a political subdivision may obligate itself financially for a period over 5 years from the date the obligation is undertaken only if approved by majority vote of the electorate of the political subdivision.
(2) Beginning on the effective date of the amendatory act that added this subsection, subsection (1) does not apply.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 124.479
What does Michigan Compiled Laws § 124.479 cover?
Section 124.479 ("Duration of financial obligation; applicability.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 124.479?
A common citation format is "Michigan Compiled Laws § 124.479" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 124.479 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.