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Mich. Comp. Laws § 38.384

Board of control; purchase of contracts providing for optional program benefits for employees

1967, Act 156, Imd

Sec. 4. In the administration of the optional retirement program, a board of control shall provide for the purchase of contracts providing retirement and death benefits for or on behalf of eligible employees electing to be covered by the optional retirement program.

Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.