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§ 205.817 — Michigan Law | CourtGPT
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  3. Michigan/
  4. Chapter 205 - Taxationact 122 of 1941 - Revenue Division of Department of Treasury (205.1 - 205.31)/
  5. Statute Act 174 of 2004/
  6. § 205.817
Michigan Legal Code

§ 205.817

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205.817 Finding of noncompliance; sanctions; expulsion. Sec. 17. (1) If this state is found to be out of substantial compliance with the agreement, this state may be subject to sanctions, including expulsion from membership in the agreement by a 3/4 vote of the entire board not including this state. (2) If this state is expelled from membership in the agreement or sanctioned in any manner, this state will remain liable for its share of any financial or contractual obligations incurred by the board before the effective date of expulsion. The appropriate share of those obligations shall be determined by this state and the governing board in good faith based on the benefits received and burdens incurred by both. History: 2004, Act 174, Eff. July 1, 2004