21.41 Accounting and reporting system; installation by state treasurer; uniformity. Sec. 1. The state treasurer shall formulate, prescribe, and install a system of accounting and reporting in conformity with the provisions of this act that shall be uniform for every county office and public account of the same class. History: 1919, Act 71, Imd. Eff. […]
21.42 Accounting system; accounts; form and contents. Sec. 2. The accounting system shall embrace accounts showing all sources of income, the amounts due, collected and received from each source, including all fees collected by county officers whether turned into the county treasury or not, the amount expended for each purpose, bills, and accounts payable; the […]
21.43 Accounting system; separate accounts for appropriations; contents. Sec. 3. A separate account shall be kept of each appropriation, or fund, made to or received by each county office, which shall show the date and manner of each payment, the name and address of the person or association of persons to whom paid, and for […]
21.44 Accounting system; uniform annual financial reports from county offices; filing. Sec. 4. It shall be the duty of each county office to make an annual financial report in accordance with forms prescribed by the state treasurer, which shall be uniform for all accounts of the same class. The reports shall be made in duplicate, […]
21.44a Statement to be filed with auditor general; annual county financial report; excluded information; unauthorized investments prohibited. Sec. 4a. (1) Each department, institution, or office of state government shall file with the auditor general within 60 days after the close of the state fiscal year an accurate statement showing all of the following for the […]
21.44b Nonpension investments in derivative instruments or products; failure to report; determination and report by auditor general or department of treasury; expenses. Sec. 4b. (1) If a department, institution, or office of state government fails to report nonpension investments in derivative instruments or products or pension investments as required by section 4a, the auditor general […]
21.44c Schedule of derivative instruments and products; filing copies with library of Michigan and depository libraries; availability of report and statement for public inspection. Sec. 4c. (1) The department of treasury shall promptly file with the library of Michigan a sufficient number of copies of a schedule of derivative instruments and products described in section […]
21.45 State treasurer; examination of accounts; annual audit; minimum auditing procedures and standards; report; filing copy of audit report and report of auditing procedures; extension; contents of audit report; performance of audit by certified public accountant; “chief administrative officer” defined. Sec. 5. (1) The state treasurer is the supervisor of the accounts of all county […]
21.46 Examination of accounts; subpoenas; witnesses; production of records. Sec. 6. Upon demand of the state treasurer, or any person duly appointed by the state treasurer, to make the examinations provided in this act, any and all officers of county governments shall produce, for examination, the books of account and papers of their respective departments, […]
21.47 Accounting system; report of examination of accounts; filing; criminal and civil proceedings; prosecution; removal for neglect. Sec. 7. A report shall be made, in duplicate, of each examination made in accordance with the provisions of this act. The duplicate report shall be signed and verified by the officer making the examination, 1 copy of […]
21.48 Accounting system; adoption by county officers mandatory; refusal; penalties. Sec. 8. The executive officer of each county office shall adopt and use the books, forms, records and systems of accounting and reporting prescribed by the state treasurer and shall promptly purchase the books, forms, and records as may be necessary to implement their use, […]
21.49 Accounting system; removal for noncompliance; hearing. Sec. 9. The governor may, and he or she shall upon a finding of guilt, remove from office the officer of any branch of the state government, or county government, who refuses or willfully neglects to keep the accounts of his or her office in the manner and […]
21.50 Accounting system; audit of department of treasury. Sec. 10. The department of treasury shall be audited by the auditor general as provided by law. History: 1919, Act 71, Imd. Eff. Apr. 15, 1919 ;– CL 1929, 309 ;– CL 1948, 21.50 ;– Am. 2002, Act 370, Imd. Eff. May 24, 2002
21.51 Giving or offering to examiner or other employee money, gift, emolument, or thing of value; purposes; misdemeanor; penalty. Sec. 11. Any person who gives or offers to any examiner, accountant, clerk, or other employee of the department of treasury, any money, gift, emolument, or thing of value for the purpose of influencing the action […]
21.52 Receiving or soliciting money, gift, emolument, or anything of value; purposes; misdemeanor; penalty. Sec. 12. Any person appointed by the state treasurer to make the examinations provided for under this act, or any officer, clerk, or other employee of the state treasurer, who receives or solicits any money, gift, emolument, or anything of value […]
21.53 Repealed. 2002, Act 370, Imd. Eff. May 24, 2002. Compiler’s Notes: The repealed section pertained to biennial estimate of expenses by auditor general or budget commission.
21.54 Repealed. 1984, Act 431, Eff. Mar. 29, 1985. Compiler’s Notes: The repealed section pertained to monthly financial reports.
21.55 Definitions. Sec. 15. As used in this act: (a) “Depository library” means a depository library designated under section 10 of the library of Michigan act, Act No. 540 of the Public Acts of 1982, being section 397.20 of the Michigan Compiled Laws. (b) “Derivative instrument or product” means either of the following, subject to […]
