MCL - Index of Act 513 of 2006

NOTE: Dates reflect any modification to item, not necessarily a change in law.
Title Subject
Act 513 of 2006 INDIVIDUAL OR FAMILY DEVELOPMENT ACCOUNT PROGRAM ACT (206.901 - 206.911)
Section 206.901 Short title.
Section 206.902 Definitions.
Section 206.903 Individual or family development account; establishment; purpose; policies and procedures; approving and reviewing qualifications of fiduciary organizations and program sites; factors; implementation of programs.
Section 206.904 Eligibility; approval or rejection of applicant by program site; limitation on number of accounts; duties of individual; establishment of account; purposes; signatures for withdrawals.
Section 206.905 Participant savings plan agreement; matching funds; distributions; manner.
Section 206.906 Withdrawal matched by program site; contingent beneficiary; financial institution not responsible for verification.
Section 206.907, 206.908 Repealed. 2011, Act 38, Eff. Jan. 1, 2012.
Section 206.909 Administration of individual or family development account program by fiduciary organization; report.
Section 206.910 Rules.
Section 206.911 Effective date.