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As of 2016, similar laws were also on the books in New York, Arkansas, Oklahoma, and Texas. A 2016 article in the Southern Illinois University Law Journal suggested the proactive establishment of a similar law in Illinois, arguing that portions of the Missouri law could have mitigated some of the Ferguson unrest. [24]
In 2010, the city of Hamtramck, Michigan requested permission from the Governor under Michigan's authorizing law to file a petition for Chapter 9 Bankruptcy, [57] but was denied. Instead of bankruptcy, the treasury advised that Hamtramck be offered a selection of loan options. [58] Denied by courts Washington Park, Illinois: City 2010 4,200
A municipality incorporates as a 4th Class city if the population is between 500 and 2,999 (under 500, it may incorporate as a village [1] – see list of villages in Missouri). It may incorporate as a 3rd Class city if the population is between 3,000 and 29,999. [ 2 ]
(The Center Square) – Emergency Medical Service providers in Michigan’s eastern Upper Peninsula now have no way of directly recouping nearly $6 million in unpaid claims after Wellpath Holdings ...
Details from the Detroit bankruptcy filing. The city of Detroit, Michigan, filed for Chapter 9 bankruptcy on July 18, 2013. It is the largest municipal bankruptcy filing in U.S. history by debt, estimated at $18–20 billion, exceeding Jefferson County, Alabama's $4-billion filing in 2011. [1]
Certain scholars and politicians have advocated for a reform of the law to allow states to seek bankruptcy. [6] [3] [4] They argue that the law will require voluntary consent by the state and will not give the federal government or creditors the power to force a bankruptcy; therefore it would not interfere with state sovereignty or be unconstitutional.
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In Missouri, villages are municipalities which incorporated with a population under 500. If the population is larger than 500, it may incorporate as a city [1] (see List of cities in Missouri). If the population increases beyond 500 after incorporation, a vote may be held to change to a city government, but it is not automatic.