EMERGENCY MANAGER LAW

LOCAL FINANCIAL STABILITY AND CHOICE ACT (EMERGENCY MANAGER LAW)

If the school district is in a financial emergency and has a consent agreement, it may have a continuing operations plan. If it does, it may be required to submit quarterly compliance reports, which must be posted within seven days after the report is submitted to the state treasurer (MCL 141.1548). Local inspector and auditor reports may also be required to be posted (MCL 141.1552).