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Michigan Compiled Laws, Chapter 129. Public Funds § 129.277

Current as of January 01, 2025 | Updated by Findlaw Staff

Sec. 17. (1) One million dollars is appropriated from the general fund to the authority for the fiscal year ending September 30, 2006 for all of the following purposes:

(a) Payment of operating expenses of the authority.

(b) Funding any reserve requirements.

(2) Money appropriated under this section that is not expended before the end of the state fiscal year ending September 30, 2006 shall not revert to the general fund and may be retained and used by the authority for the purposes authorized by subsection (1).

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Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 129. Public Funds § 129.277 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-129-public-funds/mi-comp-laws-129-277/

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