Tap any paragraph to write a margin note. Your notes collect in the Desk below the text and file under cases with @. The side-by-side margin rail opens on a larger screen.

§
Marginalia
Code · Michigan · Chapter 120 — Port Districts

120.157 Maritime and port facility assistance fund.

135 words·~1 min read·/mi/chapter-120/120-157

A research copy — for the controlling text, always check the official state or federal source. Not legal advice.

120.157 Maritime and port facility assistance fund.
Sec. 7.
(1)The maritime and port facility assistance fund is created in the state treasury.
(2)The state treasurer shall deposit money and other assets received from any source into the fund. The state treasurer shall direct the investment of money in the fund and credit interest and earnings from the investments to the fund.
(3)Money in the fund at the close of the fiscal year does not lapse to the general fund.
(4)The office is the administrator of the fund for audits of the fund.
(5)The office shall expend money from the fund, on appropriation, only for the purposes described in section 5, and in section 10s of 1951 PA 51, MCL 247.660s.
History: 2022, Act 159 , Imd. Eff. July 19, 2022
★   the supreme law of the land   ★
Don't Tread on Me
E Pluribus Unum — out of many, one

"If you don't know your rights, you don't have any."

Marginalia · a citizen's law index
A research desk, not legal advice. Always read the cited source before relying on a summary.
Questions or an issue? support@self-law.org
disclaimerMarginalia is a research index, not a law firm. Nothing on this site is legal, tax, or financial advice and no attorney–client relationship is formed by using it. Statutes, regulations, and case law change; summaries, search results, AI output, and member posts may be incomplete, out of date, or wrong. Any interpretation drawn from material on this site should be validated by a licensed attorney in your jurisdiction before you act on it.