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Code · Michigan · Chapter 206 — Income Tax Act of 1967

206.1017 Expenditures; availability of money received as gift or donation; distribution.

88 words·~1 min read·/mi/chapter-206/206-1017

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206.1017 Expenditures; availability of money received as gift or donation; distribution.
Sec. 7.
(1)The money, interest, and earnings of the fund shall be expended solely for the purposes described in this act.
(2)Money granted or received as a gift or donation to the fund is available for distribution upon appropriation.
(3)The department shall distribute the funds to the Junior Achievement of Michigan Great Lakes organization for distribution to other junior achievement organizations in this state.
History: 2016, Act 181 , Imd. Eff. June 16, 2016
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