Michigan Compiled Laws Act 249 Of 1982 Children's Trust Fund (21.171 - 21.172)

AN ACT to establish the state children's trust fund in the department of treasury; and to provide certain powers and duties of the department of treasury with respect to the trust fund.

History: 1982, Act 249, Imd. Eff. Sept. 29, 1982

Compiler's Notes: Former MCL 21.171 to 21.175, deriving from Act 200 of 1848 and pertaining to board of fund commissioners, were repealed by Act 209 of 1962 .

Section 21.171 Children's Trust Fund; Creation As Charitable And Educational Endowment Fund; Expenditure; Credit Of Amounts; Investment; Availability For Disbursement; Accounting Of Revenues And Expenditures; "Trust Fund" Defined.
(1) The children's trust fund is created as a charitable and educational endowment fund in the department of treasury. The fund shall be expended...
Section 21.172 Conditional Effective Date.
This act shall not take effect unless the following House Bills of the 81st Legislature are enacted into law: (a) House Bill No. 4556...

Last modified: October 10, 2016