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Code · Michigan · Chapter 38 — Civil Service and Retirement

38.864 Contribution fund; administrative account, establishment, deposits.

67 words·~1 min read·/mi/chapter-38/38-864

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38.864 Contribution fund; administrative account, establishment, deposits.
Sec. 14.
There shall be established within the contribution fund a separate account to be known as the administrative account. This account shall consist of, and there shall be deposited therein, all moneys received under sections 9 and 18. All moneys received in the administrative account shall be mingled and undivided.
History: 1951, Act 205, Imd. Eff. June 14, 1951
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