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Code · Michigan · Chapter 257 — Motor Vehicles

257.811s Thomas Daley gift of life fund; creation; deposit of money or other assets; money remaining at close of fiscal year; transfer; administration for auditing purpos

247 words·~1 min read·/mi/chapter-257/257-811s

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257.811s Thomas Daley gift of life fund; creation; deposit of money or other assets; money remaining at close of fiscal year; transfer; administration for auditing purposes; expenditures; "fund" defined.
Sec. 811s.
(1)The Thomas Daley gift of life fund is created within the state treasury.
(2)The state treasurer may receive money or other assets from any source for deposit into the fund. The state treasurer shall direct the investment of the fund. The state treasurer shall credit to the fund interest and earnings from fund investments.
(3)Money in the fund at the close of the fiscal year shall remain in the fund and shall not lapse to the general fund.
(4)Money in the organ and tissue donation education fund created in former section 217o shall be transferred to the fund.
(5)The department of state shall be the administrator of the fund for auditing purposes.
(6)The department of state shall expend money from the fund, upon appropriation, for the administration and maintenance of the state anatomical gift donor registry program under part 101 of the public health code, 1978 PA 368, MCL 333.10101 to 333.10123. Any money remaining in the fund may be expended for the ongoing development and administration of the department of state's public information campaign concerning the Michigan organ donation program.
(7)As used in this section, "fund" means the Thomas Daley gift of life fund created in subsection (1).
History: Add. 2012, Act 55 , Eff. June 30, 2012
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