Michigan Compiled Laws § 38.1040 Board Of Trustees; Record Of Proceedings; Individual Accounts; Actuarial Data.

38.1040 Board of trustees; record of proceedings; individual accounts; actuarial data.

Sec. 40.

The board shall keep a permanent record of all proceedings of the board, a separate account for each individual member and such additional data as shall be specified by the actuary as being necessary for required calculations and valuations.

History: 1957, Act 261, Eff. Sept. 27, 1957

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Last modified: October 10, 2016