Michigan § 125.4410 - Financing activities of authority.
Full text of Michigan Michigan Compiled Laws § 125.4410 — Financing activities of authority., with citation guidance and answers to common questions.
§ 125.4410. Financing activities of authority.
The activities of the authority shall be financed from 1 or more of the following sources:
(a) Contributions to the authority for the performance of its functions.
(b) Revenues from any property, building, or facility owned, leased, licensed, or operated by the authority or under its control, subject to the limitations imposed upon the authority by trusts or other agreements.
(c) Tax increment revenues received pursuant to a tax increment financing plan established under sections 412 to 414.
(d) Proceeds of tax increment bonds issued pursuant to section 414.
(e) Proceeds of revenue bonds issued pursuant to section 411.
(f) Money obtained from any other legal source approved by the governing body of the municipality or otherwise authorized by law for use by the authority or the municipality to finance a development program.
(g) Money obtained pursuant to section 411a.
(h) Loans from the Michigan strategic fund or the Michigan economic development corporation.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 125.4410
What does Michigan Compiled Laws § 125.4410 cover?
Section 125.4410 ("Financing activities of authority.") 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 § 125.4410?
A common citation format is "Michigan Compiled Laws § 125.4410" (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 § 125.4410 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.