{"data":{"id":"us-mi/mich.-comp.-laws-141.425","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 141.425","heading":"Local units; audits.","body":"Sec. 5.\n\nA local unit having a population of less than 4,000 shall obtain an audit of its financial records, accounts, and procedures not less frequently than biennially. However, if any audit under this subsection discloses a material deviation by the local unit from generally accepted accounting practices or from applicable rules and regulations of a state department or agency or discloses any fiscal irregularity, defalcation, misfeasance, nonfeasance, or malfeasance, the department of treasury may require an audit to be conducted in the next year.\n\nA local unit having a population of 4,000 or more shall obtain an annual audit of its financial records, accounts, and procedures.","path":["MI Code","Chapter 141","Act Act-2-of-1968"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-141-425","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"09cdae6c16ab78c81550e4114e873b56ecd988e9c06ecb20c8df33d762997971","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-141.424b","next":"us-mi/mich.-comp.-laws-141.426"},"notice":"GroundRules: Original legal text. Not legal advice."}