121.10 Rates and charges; duration of contract with governmental unit. Sec. 10. After the establishment of initial rates and charges as required by section 9 of this act, the authority and the governmental units within its corporate limits may contract for the sale and purchase of water from any such system for a period of not exceeding 50 years. History: 1957, Act 4, Imd. Eff. Mar. 20, 1957
Michigan Legal Code