Michigan § 125.4615 - Special assessment; levy; borrowing money and issuing notes.
Full text of Michigan Michigan Compiled Laws § 125.4615 — Special assessment; levy; borrowing money and issuing notes., with citation guidance and answers to common questions.
§ 125.4615. Special assessment; levy; borrowing money and issuing notes.
(1) An authority with the approval of the governing body may levy a special assessment as provided by law.
(2) The municipality may at the request of the authority borrow money and issue its notes under the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821, in anticipation of collection of the ad valorem tax authorized in this section.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 125.4615
What does Michigan Compiled Laws § 125.4615 cover?
Section 125.4615 ("Special assessment; levy; borrowing money and issuing notes.") 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 § 125.4615?
A common citation format is "Michigan Compiled Laws § 125.4615" (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 § 125.4615 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.