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Code · Michigan · Chapter 18 — Department of Management and Budget

18.1444 Encumbrances and receivables; reporting and recording.

71 words·~1 min read·/mi/chapter-18/18-1444

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18.1444 Encumbrances and receivables; reporting and recording.
Sec. 444.
The department shall issue directives which provide that at least once per month, each state agency shall report to the department all encumbrances against appropriation accounts and all revenue receivables against each source of financing. These encumbrances and receivables shall be recorded on the state's accounting system.
History: 1984, Act 431, Eff. Mar. 29, 1985
Popular Name: Act 431
Popular Name: DMB
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