324.44104 Game and fish lifetime license trust fund; creation; purpose; crediting money received; investment of trust fund.
191 words·~1 min read·
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324.44104 Game and fish lifetime license trust fund; creation; purpose; crediting money received; investment of trust fund.
Sec. 44104.
(1)The game and fish lifetime license trust fund is created within the state treasury for the benefit of the people of this state to assist in providing adequate long-term funding for the game and fish protection account of the Michigan conservation and recreation legacy fund provided for in section 2010.
(2)The state treasurer shall credit money received from the sale of lifetime hunting and fishing licenses under this part to the trust fund.
(3)The state treasurer shall invest the trust fund in the same manner as surplus funds are invested.
History: Add. 1995, Act 57, Imd. Eff. May 24, 1995 ;-- Am. 2004, Act 587 , Eff. Dec. 23, 2006
Compiler's Notes: Enacting section 2 of Act 587 of 2004 provides:"Enacting section 2. This amendatory act does not take effect unless House Joint Resolution Z of the 92nd Legislature becomes a part of the state constitution of 1963 as provided in section 1 of article XII of the state constitution of 1963."
Popular Name: Act 451
Popular Name: NREPA