Michigan Compiled Laws § 38.2735 Assets; Use; Limitation.

38.2735 Assets; use; limitation.

Sec. 5.

The assets of the irrevocable trust are to be used solely to perform this essential function of state government. The trust shall only provide retirement health care benefits as provided under this act and pay fees and expenses for the administrative costs in carrying out this essential governmental function.

History: 2010, Act 77, Imd. Eff. May 19, 2010

Section: Previous  38.2731  38.2732  38.2732a  38.2732b  38.2733  38.2734  38.2735  38.2736  38.2737  38.2738  38.2739  38.2740  38.2740a  38.2741  38.2742  Next

Last modified: October 10, 2016