Michigan Statutes

§ 408.155 — Going pro talent fund; creation; deposit of money or other assets; administration; expenditures.

Michigan § 408.155
JurisdictionMichigan
Ch. 408LABOR
Act 260 of 2018GOING PRO TALENT FUND ACT (408.151-408.163)

This text of Michigan § 408.155 (Going pro talent fund; creation; deposit of money or other assets; administration; expenditures.) 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 § 408.155 (2026).

Text

GOING PRO TALENT FUND ACT (EXCERPT) Act 260 of 2018 408.155 Going pro talent fund; creation; deposit of money or other assets; administration; expenditures. Sec. 5.

(1)The Going pro talent fund is created within the state treasury.
(2)The state treasurer may receive money or other assets from any source for deposit into the fund. The state treasurer shall direct the investment of the fund. The state treasurer shall credit to the fund interest and earnings from fund investments.
(3)Money in the fund at the close of the fiscal year shall remain in the fund and shall not lapse to the general fund.
(4)The department is the administrator of the fund for auditing purposes.
(5)The department shall expend money from the fund, upon appropriation, only for 1 or more of the following purposes: (

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Legislative History

2018, Act 260 , Imd. Eff. June 28, 2018

Nearby Sections

15
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Bluebook (online)
Michigan § 408.155, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/408/408.155.