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Home » US Law » 2022 Michigan Compiled Laws » Chapter 35 - Veterans and Members of Armed Forces » Act 4 of 1943 - Post-War Reserve Fund (35.651 - 35.653)

Section 35.651 – Post-War Reserve Fund; Creation, Purpose.

35.651 Post-war reserve fund; creation, purpose. Sec. 1. There is hereby created a post-war reserve fund in the state treasury in the amount of $50,000,000.00 for the purpose of liquidating Michigan’s obligations, after the termination of the war, to its returning service men, their widows or dependents, and said fund shall be excluded in determining […]

Section 35.652 – Reserve Fund; Transfer of Funds From General Fund.

35.652 Reserve fund; transfer of funds from general fund. Sec. 2. For the purpose of this act, the state administrative board is hereby authorized and directed to take action for the immediate transfer from the general fund of the state the sum of $20,000,000.00 to the post-war reserve fund, and it is hereby made the […]

Section 35.653 – Reserve Fund; Appropriations and Disbursements.

35.653 Reserve fund; appropriations and disbursements. Sec. 3. Appropriations or disbursements from the post-war reserve fund provided for in this act may be made from time to time as authorized by the legislature in regular or special session. History: 1943, Act 4, Imd. Eff. Feb. 16, 1943 ;– CL 1948, 35.653