Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 125.681 — Michigan Law | CourtGPT
  1. Home/
  2. Laws/
  3. Michigan/
  4. Chapter 125 - Planning, Housing, and Zoningact 281 of 1945 - Regional Planning (125.11 - 125.25)/
  5. Statute Act 18 of 1933 Ex Sess/
  6. § 125.681
Michigan Legal Code

§ 125.681

Ask AI about this
125.681 Income from sources other than operation; use. Sec. 31. Nothing in this act shall be construed to prohibit the borrower from appropriating and using any part of its available income or revenue derived from any source other than from the operation of such project or combined projects in paying any immediate expenses of operation or maintenance of any such project or combined projects, but nothing in this act shall be construed to require the borrower to do so. History: 1933, Ex. Sess., Act 18, Imd. Eff. Jan. 9, 1934 ;-- CL 1948, 125.681