Local Financial Stability and Choice Act (Public Act 436 of 2012)

GPTKB entity

Statements (27)
Predicate Object
gptkbp:instanceOf Michigan state law
gptkbp:allows emergency managers to dissolve local governments
emergency managers to sell assets
emergency managers to modify or terminate collective bargaining agreements
gptkbp:appliesTo local governments in Michigan
gptkbp:codifiedIn gptkb:MCL_141.1541_et_seq.
gptkbp:controversy gptkb:Flint_water_crisis
democratic governance concerns
gptkbp:dateEnacted 2012
gptkbp:enactedBy gptkb:legislative_body
gptkbp:givesOption gptkb:bankruptcy
emergency manager
consent agreement
neutral evaluation
https://www.w3.org/2000/01/rdf-schema#label Local Financial Stability and Choice Act (Public Act 436 of 2012)
gptkbp:powers emergency managers
gptkbp:providesFor options for local governments in financial distress
emergency manager appointment
gptkbp:replacedBy gptkb:Public_Act_4_of_2011
gptkbp:signedBy gptkb:Rick_Snyder
gptkbp:startDate March 28, 2013
gptkbp:subject municipal bankruptcy
local government oversight
emergency financial management
financial emergencies
gptkbp:bfsParent gptkb:Emergency_Manager_of_Detroit
gptkbp:bfsLayer 7