Michigan Compiled Laws § 380.1372 Debt Retirement Fund; Record Of Moneys; Securities, And Transactions; Reports.


380.1372 Debt retirement fund; record of moneys; securities, and transactions; reports.

Sec. 1372.

The treasurer of a board of education shall keep a proper record of the moneys and securities on hand in the debt retirement fund and of the transactions relating thereto. The treasurer shall periodically, and when requested by the board, make a complete report concerning the same. The proper officers of the school district shall make reports concerning the transactions relating to the debt retirement fund as may be required by the state board or other authority in connection with the handling of the funds of the school district.


History: 1976, Act 451, Imd. Eff. Jan. 13, 1977
Popular Name: Act 451


Section: Previous  380.1351  380.1351a  380.1351b  380.1352  380.1356  380.1361  380.1362  380.1363  380.1364  380.1371  380.1372  

Last modified: October 10, 2016