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This entry was published on 2014-09-22
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TITLE 6-A
Local Obligations: Financial Emergency; Condition Precedent to Claims; Stay of Claims; Repayment Plan For Municipality; Termination of Stay
Local Finance (LFN) CHAPTER 33-A, ARTICLE 2
TITLE 6-A

LOCAL OBLIGATIONS: FINANCIAL EMERGENCY;

CONDITION PRECEDENT TO CLAIMS;

STAY OF CLAIMS; REPAYMENT PLAN FOR MUNICIPALITY;

TERMINATION OF STAY
Section 85.00 Limitation of provisions; emergency period.

85.10 Notice of claim.

85.20 Demand for payment.

85.30 Petition of municipality; temporary stay of claims.

85.40 Repayment plan for municipality; court approval;

continuation of stay.

85.50 Termination of stay.

85.60 Modification of plan.

85.70 Notice to creditors.

85.80 Authority for municipality or emergency financial control

board to file petition under federal statute.

85.90 Judicial review.