MCL - Index of Act 187 of 2014

NOTE: Dates reflect any modification to item, not necessarily a change in law.
Title Subject
Act 187 of 2014 MICHIGAN SETTLEMENT ADMINISTRATION AUTHORITY ACT (141.1601 - 141.1611)
Section 141.1601 Short title.
Section 141.1602 Legislative findings and declarations.
Section 141.1603 Definitions.
Section 141.1604 Michigan settlement administration authority; creation; authority as state institution; appropriation.
Section 141.1605 Authority; exercise of duties; performance of administrative functions.
Section 141.1606 Board of directors; membership; compensation; travel and expenses; quorum; vote; members subject to MCL 15.321 to 15.330 and MCL 15.301 to 15.310; discharge of duties.
Section 141.1607 Settlement administration fund; creation; deposit of money or other assets; investment; interest and earnings; money remaining at close of fiscal year; expenditure.
Section 141.1608 Disbursement to retirement systems; conditions; return of money to countercyclical budget and economic stabilization fund; dissolution of authority.
Section 141.1609 Public and governmental purpose.
Section 141.1610 State contribution; obligation.
Section 141.1611 Liability.