{"data":{"id":"us-mi/mich.-comp.-laws-324.907","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 324.907","heading":"Dissolution of authority.","body":"Sec. 907.\n\nUpon the expiration of a term agreed by the incorporating units, the authority shall be dissolved unless the city and the state agency agree to extend the existence of the authority for an additional term of years. The authority may only be dissolved during a term upon the vote of a 2/3 majority of the governing bodies of both the city and the state agency. Upon dissolution, the assets of the authority become the property of the city.","path":["MI Code","Chapter 324","Act Act-451-of-1994"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-324-907","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"9c0c73bb09eb172e9e6c16900fbb1afe024b1dc62b174d5179aa84188eedaa8e","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-324.906","next":"us-mi/mich.-comp.-laws-324.9101"},"notice":"GroundRules: Original legal text. Not legal advice."}