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§ 38.864 — Michigan Law | CourtGPT
  1. Home/
  2. Laws/
  3. Michigan/
  4. Chapter 38 - Civil Service and Retirementact 240 of 1943 - State Employees' Retirement Act (38.1 - 38.69)/
  5. Statute Act 205 of 1951/
  6. § 38.864
Michigan Legal Code

§ 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