Section 390.1432 – Accounting of Trust Generally.
390.1432 Accounting of trust generally. Sec. 12. The board shall annually prepare or cause to be prepared an accounting of the trust and shall transmit a copy of the accounting to the governor, the majority leader of the senate, the speaker of the house of representatives, and the respective minority leaders of the senate and […]
Section 390.1421 – Short Title.
390.1421 Short title. Sec. 1. This act shall be known and may be cited as the “Michigan education trust act”. History: 1986, Act 316, Imd. Eff. Dec. 23, 1986
Section 390.1422 – Legislative Finding and Declaration.
390.1422 Legislative finding and declaration. Sec. 2. The legislature hereby finds and declares the following: (a) It is an essential function of state government to forever encourage schools and the means of education, as provided in section 1 of article VIII of the state constitution of 1963. (b) It is a responsibility of state government […]