Section 35.1021 – Short Title.
35.1021 Short title. Sec. 1. This act shall be known and may be cited as the “Vietnam veteran era bonus act”. History: 1974, Act 370, Imd. Eff. Dec. 23, 1974
35.1021 Short title. Sec. 1. This act shall be known and may be cited as the “Vietnam veteran era bonus act”. History: 1974, Act 370, Imd. Eff. Dec. 23, 1974
35.1022 Definitions. Sec. 2. As used in this act: (a) “Period of service” means that period of time between 12:01 a.m., January 1, 1961, and 12:01 a.m., September 1, 1973. (b) “Veteran” means an individual who meets both of the following: (i) Is a veteran as defined in section 1 of 1965 PA 190, MCL […]
35.1023 Service bonus for combat veterans and veterans; amount. Sec. 3. (1) A combat veteran shall be paid a service bonus in the amount of $600.00. (2) A veteran shall be paid a service bonus of $15.00 per month for each month or major portion thereof served, but not to exceed a maximum of $450.00. […]
35.1024 Bonus as both veteran and combat veteran prohibited. Sec. 4. A person shall not be entitled to a bonus as both a veteran and a combat veteran. History: 1974, Act 370, Imd. Eff. Dec. 23, 1974
35.1025 Veteran or combat veteran deceased or listed missing in action, or veteran deceased from service-connected causes after payment of bonus; rights of beneficiary. Sec. 5. (1) If the veteran or combat veteran is deceased, or is listed as missing in action, the beneficiary shall be entitled to receive a bonus and may make application […]
35.1026 Application for payment; form; certified copy of discharge or evidence of honest and faithful service. Sec. 6. A veteran or his beneficiary entitled to payment shall make application to the adjutant general upon a form as may be prescribed by him. If the veteran is incompetent, or his beneficiary is incompetent, or a minor, […]
35.1027 Payment of claim; claim not assignable or subject to garnishment, attachment, or levy of execution; rejection of claim; notice; appeal; certification of record; order allowing or denying claim; return of files and records; reapplication for benefits. Sec. 7. (1) Upon submission to the adjutant general of satisfactory proof that the applicant is entitled to […]
35.1027a Court of claims; jurisdiction extended to include claims made pursuant to this act; transferred claims; commissioner; rules; fees, expenses, and compensation; notice; hearing; abandoned claim; petition; examination of record; report; additional affidavits or depositions; order; appeal. Sec. 7a. The jurisdiction of the court of claims is extended to include claims made pursuant to this […]
35.1028 Expenses of administration; appropriation. Sec. 8. The expenses of the administration of this act shall be paid from the general fund in accordance with the accounting laws of the state. For this purpose there is appropriated a sum of not more than $1,200,000.00 from the general fund which shall be released by the state […]
35.1029 Wilful false statement; penalty. Sec. 9. A person who wilfully makes a false statement in the application for benefits under the provisions of this act is guilty of a felony, and shall be imprisoned for not less than 1 year nor more than 3 years. History: 1974, Act 370, Imd. Eff. Dec. 23, 1974
35.1030 Payments deemed gifts or gratuities. Sec. 10. The payments provided in this act are gifts or gratuities and are not pay for services rendered. History: 1974, Act 370, Imd. Eff. Dec. 23, 1974
35.1031 Time limitation on application for benefits; exception. Sec. 11. An application for benefits under this act shall not be filed or received, except for applications under section 5(2), after June 30, 1980. History: 1974, Act 370, Imd. Eff. Dec. 23, 1974 ;– Am. 1975, Act 23, Imd. Eff. Apr. 10, 1975 ;– Am. 1980, […]
35.1032 Person not disqualified by eligibility or application for other benefits. Sec. 12. A person making claim for receiving benefits provided by Act No. 12 of the Public Acts of 1947, as amended, being sections 35.921 to 35.932 of the Michigan Compiled Laws, or who may be eligible for benefits under the Korean veterans’ military […]
35.1033 Federal financial aid or other assistance. Sec. 13. If the Congress of the United States adopts measures providing for financial aid or other assistance available to the state in the payment of the bonus under the provisions of this act, the state administrative board is authorized on behalf of the state to accept that […]
35.1034 Bonds; issuance; purpose; procedure; source of payments to qualified veterans or beneficiaries. Sec. 14. (1) The state shall borrow the sum of $205,000,000.00 and issue the general obligation bonds of the state therefor pledging the faith and credit of the state for the payment of the principal and interest thereon for the purpose of […]
35.1035 Bonds; series; maturities; interest; prior redemption; registration; form; execution; investment and reinvestment of proceeds; sale; notice; bonds and notes not subject to revised municipal finance act; issuance subject to agency financing reporting act. Sec. 15. (1) The bonds shall be issued in 1 or more series, each series to be in the principal amount, […]
35.1036 Bonds; disposition and disbursement of proceeds; deposit of premium and accrued interest. Sec. 16. The proceeds of sale of the bonds or any series thereof shall be deposited in the state treasury in a separate account and shall be disbursed therefrom only for the purposes for which the bonds have been authorized and the […]
35.1037 Bonds; negotiable; tax exempt. Sec. 17. Bonds issued under this act shall be fully negotiable under the uniform commercial code, 1962 PA 174, MCL 440.1101 to 440.11102, and the bonds and the interest thereon are exempt from all taxation by this state or any of its political subdivisions. History: 1974, Act 370, Imd. Eff. […]
35.1038 Bonds as investment securities. Sec. 18. Bonds issued under the provisions of this act are hereby made securities in which all banks, bankers, savings banks, trust companies, savings and loan associations, investment companies, and other persons carrying on a banking business, all insurance companies, insurance associations, and other persons carrying on an insurance business […]