Michigan § 125.709c - Revenues, disposition, purpose; fiscal agent, duties.
Full text of Michigan Michigan Compiled Laws § 125.709c — Revenues, disposition, purpose; fiscal agent, duties., with citation guidance and answers to common questions.
§ 125.709c. Revenues, disposition, purpose; fiscal agent, duties.
The bond authorizing ordinance shall also provide for the disposition, disbursement and deposit of all revenues generated from any cooperatively financed project to insure the proper operation and maintenance of the projects and the payment of bonds and the interest thereon. The ordinance shall specify the responsibilities, duties and obligations of the fiscal agent properly to apply, disburse and otherwise set aside revenues of any project and any contractual payments made to the fiscal agent.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 125.709c
What does Michigan Compiled Laws § 125.709c cover?
Section 125.709c ("Revenues, disposition, purpose; fiscal agent, duties.") 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 § 125.709c?
A common citation format is "Michigan Compiled Laws § 125.709c" (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 § 125.709c 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.