Sec. 304. For the purpose of section 302, net cost means: the operating cost of providing the service to the individual minus that part of operating cost paid for by federal and private funds and minus that amount received by the state as reimbursement from those persons and insurers who are financially liable for the cost of such service.
Mich. Comp. Laws § 330.1304
Meaning of “net cost” in MCL 330.1302
Applied in 1 court decision — leading case 105 Mich. App. 249 - Wayne County v. State Treasurer (1981)
Most recently applied in 105 Mich. App. 249 - Wayne County v. State Treasurer (April 1981)
1974, Act 258, Eff
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.