{"data":{"id":"us-mi/mich.-comp.-laws-280.499","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 280.499","heading":"Providing amount from surplus construction funds to inspect, repair, and maintain drain; apportioning balance of surplus construction funds to credit of public corporations; use of funds.","body":"Sec. 499.\n\nAfter the construction of a county drain for which none of the financing is obtained through special assessments under section 490, the drainage board shall provide for an amount from surplus construction funds sufficient to inspect, repair, and maintain the drain as provided in section 196. After providing for inspection, repair, and maintenance, the drainage board may apportion the balance of the surplus construction funds to separate accounts to the credit of the public corporations against which the cost of the drain is assessed. The funds shall be credited in direct proportion to amounts assessed and collected from the public corporations.\n\nFunds in an account apportioned to the credit of a public corporation under this section shall be used only for the following:\n\nTo pay principal and interest on bonds issued to finance the drain for which the assessment is imposed.\n\nIf bonds are not sold, to pay assessments due from the public corporation.\n\nAt the request of the public corporation, to alleviate drainage problems in that public corporation.","path":["MI Code","Chapter 280","Act Act-40-of-1956"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-280-499","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"2c8d50f7e63cd1b1ec9ff510fe64700525687715c5aaade634cc5b46de0da4d0","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-280.498","next":"us-mi/mich.-comp.-laws-280.5"},"notice":"GroundRules: Original legal text. Not legal advice."}