{"data":{"id":"us-mi/mich.-comp.-laws-69.21","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 69.21","heading":"Borrowing in anticipation of revenue sharing or taxes.","body":"Sec. 21.\n\nSubject to the revised municipal finance act, 2001 PA 34, MCL 141.2101 to 141.2821, the council may borrow money, and give notes of the village, in anticipation of 1 or more of the following:\n\nThe receipt of revenue sharing payments under the Glenn Steil state revenue sharing act of 1971, 1971 PA 140, MCL 141.901 to 141.921.\n\nThe collection of taxes.","path":["MI Code","Chapter 61","Act Act-3-of-1895"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-69-21","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"cc509bf8b7b18ad1f41509f454e9813850606cc0ea4648678963d8c11a77b4f6","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-69.20","next":"us-mi/mich.-comp.-laws-69.22"},"notice":"GroundRules: Original legal text. Not legal advice."}