Sec. 435. The net income earned each fiscal year in the following revolving funds shall be transferred to the state general fund at the end of that fiscal year. The funds to which this section applies are as follows: (a) Liquor purchase revolving fund. (b) Michigan state fair revolving fund.
Mich. Comp. Laws § 18.1435
Revolving funds; transferring net income to general fund
1984, Act 431, Eff
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.