Michigan Compiled Laws Act 370 Of 1974 Vietnam Veteran Era Bonus Act (35.1021 - 35.1038)

AN ACT to provide for payments to certain persons who served in the armed forces of the United States, and to beneficiaries of those persons; to prescribe the powers and duties of the adjutant general and other state offices with respect thereto; to provide for the court of claims; to adjudicate appeals; to provide for acceptance of financial and other assistance from the federal government; to create a veterans' military pay fund in the state treasury; to make appropriations; to prescribe penalties for violations of the provisions of this act; to authorize the issuance of general obligation bonds of the state and to pledge the full faith and credit of the state for the payment of principal and interest thereon; to provide for other matters relating to the bonds and the use of the proceeds of sale of the bonds.

History: 1974, Act 370, Imd. Eff. Dec. 23, 1974 ;-- Am. 1975, Act 27, Imd. Eff. Apr. 24, 1975

Section 35.1021 Short Title.
This act shall be known and may be cited as the “Vietnam veteran era bonus act”. History: 1974, Act 370, Imd. Eff. Dec. 23,
Section 35.1022 Definitions.
As used in this act: (a) “Period of service” means that period of time between 12:01 a.m., January 1, 1961, and 12:01 a.m., September...
Section 35.1023 Service Bonus For Combat Veterans And Veterans; Amount.
(1) A combat veteran shall be paid a service bonus in the amount of $600.00. (2) A veteran shall be paid a service bonus...
Section 35.1024 Bonus As Both Veteran And Combat Veteran Prohibited.
A person shall not be entitled to a bonus as both a veteran and a combat veteran. History: 1974, Act 370, Imd. Eff. Dec....
Section 35.1025 Veteran Or Combat Veteran Deceased Or Listed Missing In Action, Or Veteran Deceased From Service-connected Causes After Payment Of Bonus; Rights Of Beneficiary.
(1) If the veteran or combat veteran is deceased, or is listed as missing in action, the beneficiary shall be entitled to receive a...
Section 35.1026 Application For Payment; Form; Certified Copy Of Discharge Or Evidence Of Honest And Faithful Service.
A veteran or his beneficiary entitled to payment shall make application to the adjutant general upon a form as may be prescribed by him....
Section 35.1027 Payment Of Claim; Claim Not Assignable Or Subject To Garnishment, Attachment, Or Levy Of Execution; Rejection Of Claim; Notice; Appeal; Certification Of Record; Order Allowing Or Denying Claim; Return Of Files And Records; Reapplication For Benefits.
(1) Upon submission to the adjutant general of satisfactory proof that the applicant is entitled to payment under this act, the adjutant general shall...
Section 35.1027a Court Of Claims; Jurisdiction Extended To Include Claims Made Pursuant To This Act; Transferred Claims; Commissioner; Rules; Fees, Expenses, And Compensation; Notice; Hearing; Abandoned Claim; Petition; Examination Of Record; Report; Additional Affidavits Or Depositions; Order; Appeal.
The jurisdiction of the court of claims is extended to include claims made pursuant to this act. The claims shall have been rejected by...
Section 35.1028 Expenses Of Administration; Appropriation.
The expenses of the administration of this act shall be paid from the general fund in accordance with the accounting laws of the state....
Section 35.1029 Wilful False Statement; Penalty.
A person who wilfully makes a false statement in the application for benefits under the provisions of this act is guilty of a felony,...
Section 35.1030 Payments Deemed Gifts Or Gratuities.
The payments provided in this act are gifts or gratuities and are not pay for services rendered. History: 1974, Act 370, Imd. Eff. Dec....
Section 35.1031 Time Limitation On Application For Benefits; Exception.
An application for benefits under this act shall not be filed or received, except for applications under section 5(2), after June 30, 1980. History:...
Section 35.1032 Person Not Disqualified By Eligibility Or Application For Other Benefits.
A person making claim for receiving benefits provided by Act No. 12 of the Public Acts of 1947, as amended, being sections 35.921 to...
Section 35.1033 Federal Financial Aid Or Other Assistance.
If the Congress of the United States adopts measures providing for financial aid or other assistance available to the state in the payment of...
Section 35.1034 Bonds; Issuance; Purpose; Procedure; Source Of Payments To Qualified Veterans Or Beneficiaries.
(1) The state shall borrow the sum of $205,000,000.00 and issue the general obligation bonds of the state therefor pledging the faith and credit...
Section 35.1035 Bonds; Series; Maturities; Interest; Prior Redemption; Registration; Form; Execution; Investment And Reinvestment Of Proceeds; Sale; Notice; Bonds And Notes Not Subject To Revised Municipal Finance Act; Issuance Subject To Agency Financing Reporting Act.
(1) The bonds shall be issued in 1 or more series, each series to be in the principal amount, to be dated, to have...
Section 35.1036 Bonds; Disposition And Disbursement Of Proceeds; Deposit Of Premium And Accrued Interest.
The proceeds of sale of the bonds or any series thereof shall be deposited in the state treasury in a separate account and shall...
Section 35.1037 Bonds; Negotiable; Tax Exempt.
Bonds issued under this act shall be fully negotiable under the uniform commercial code, 1962 PA 174, MCL 440.1101 to 440.11102, and the bonds...
Section 35.1038 Bonds As Investment Securities.
Bonds issued under the provisions of this act are hereby made securities in which all banks, bankers, savings banks, trust companies, savings and loan...

Last modified: October 10, 2016