Act

Michigan settlement administration authority act

Mich. Comp. Laws § 141.1601— Short title
Mich. Comp. Laws § 141.1602— Legislative findings and declarations
Mich. Comp. Laws § 141.1603— Definitions
Mich. Comp. Laws § 141.1604— Michigan settlement administration authority; creation; authority as state institution; appropriation
Mich. Comp. Laws § 141.1605— Authority; exercise of duties; performance of administrative functions
Mich. Comp. Laws § 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
Mich. Comp. Laws § 141.1607— Settlement administration fund; creation; deposit of money or other assets; investment; interest and earnings; money remaining at close of fiscal year; expenditure
Mich. Comp. Laws § 141.1608— Disbursement to retirement systems; conditions; return of money to countercyclical budget and economic stabilization fund; dissolution of authority
Mich. Comp. Laws § 141.1609— Public and governmental purpose
Mich. Comp. Laws § 141.1610— State contribution; obligation
Mich. Comp. Laws § 141.1611— Liability