EMERGENCY FINANCIAL MANAGER. Pursuant to Local Government and School District Fiscal Accountability Act being Public Act 4 of 2011, an emergency manager may be appointed to the district if the district is considered to be in financial stress for a reason delineated in Section 13(3) of Public Act 4 of 2011. If an emergency manager is appointed to the district, the emergency manager shall have the authority to reject, modify or terminate this CBA. An emergency manager’s decision to reject, modify, or terminate this agreement is a prohibited subject of bargaining.
Appears in 6 contracts
Samples: Collective Bargaining Agreement, Employment Agreement, Collective Bargaining Agreement
EMERGENCY FINANCIAL MANAGER. Emergency Financial Manager: Pursuant to Local Government and School District Fiscal Accountability Act being Public Act 4 of 2011, an emergency manager may be appointed to the district if the district is considered to be in financial stress for a reason delineated in Section 13(3) of Public Act 4 of 2011. If an emergency manager is appointed to the district, the emergency manager shall have the authority to reject, modify or terminate this CBA. An emergency manager’s decision to reject, modify, or terminate this agreement is a prohibited subject of bargaining.
Appears in 2 contracts
Samples: Master Agreement, Master Agreement
