Michigan § 206.945 Special Olympics Michigan fund; creation; purpose; administration; credit and deposit of amounts; investment.

Michigan Statutes

§ 206.945 — Special Olympics Michigan fund; creation; purpose; administration; credit and deposit of amounts; investment.

Michigan § 206.945

Ch. 206INCOME TAX ACT OF 1967

Act 155 of 2012SPECIAL OLYMPICS MICHIGAN FUND ACT (206.941-206.949)

This text of Michigan § 206.945 (Special Olympics Michigan fund; creation; purpose; administration; credit and deposit of amounts; investment.) is published on Counsel Stack Legal Research, covering Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Mich. Comp. Laws § 206.945 (2026).

Text

SPECIAL OLYMPICS MICHIGAN FUND ACT (EXCERPT) Act 155 of 2012 206.945 Special Olympics Michigan fund; creation; purpose; administration; credit and deposit of amounts; investment. Sec. 5.

(1)The special Olympics Michigan fund is created in the department to provide funds for donation to the special Olympics Michigan. The department shall be the administrator of the fund for auditing purposes.

(2)The state treasurer shall credit to the fund all amounts appropriated for this purpose under section 435 of the income tax act of 1967, 1967 PA 281, MCL 206.435, and money from any other source for deposit into the fund.

(3)The state treasurer shall direct the investment of the fund. The fund shall consist of the money credited to the fund pursuant to section 435 of the income tax act of 1967, 19

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SPECIAL OLYMPICS MICHIGAN FUND ACT (EXCERPT) Act 155 of 2012 206.945 Special Olympics Michigan fund; creation; purpose; administration; credit and deposit of amounts; investment. Sec. 5. (1) The special Olympics Michigan fund is created in the department to provide funds for donation to the special Olympics Michigan. The department shall be the administrator of the fund for auditing purposes. (2) The state treasurer shall credit to the fund all amounts appropriated for this purpose under section 435 of the income tax act of 1967, 1967 PA 281, MCL 206.435, and money from any other source for deposit into the fund. (3) The state treasurer shall direct the investment of the fund. The fund shall consist of the money credited to the fund pursuant to section 435 of the income tax act of 1967, 1967 PA 281, MCL 206.435, any interest and earnings accruing from the saving and investment of that money, and money from any other source. (4) Money in the fund at the close of the year shall remain in the fund and shall not lapse to the general fund.