Sec. 10.
Upon appropriation, the state treasurer shall disburse funds from the Michigan merit award trust fund for 1 or more of the following purposes:
(a) Michigan merit award scholarships under the Michigan merit award scholarship act, 1999 PA 94, MCL 390.1451 to 390.1459, or to a successor to that program.
(b) Expenses properly incurred in the administration of the Michigan merit award scholarships and the test by which awardees of the Michigan merit award scholarships are determined.
(c) Funding of the tuition incentive program as described in section 310 of 1998 PA 271 or a successor to that program.
(d) Funding of the Michigan nursing scholarship program as described in the Michigan nursing scholarship act, 2002 PA 591, MCL 390.1181 to 390.1189.
(e) Other expenditures as determined by law.
History: Add. 2005, Act 232, Imd. Eff. Nov. 21, 2005
Structure Michigan Compiled Laws
Act 489 of 2000 - Michigan Trust Fund Act (12.251 - 12.262)
Section 12.253 - Michigan Opioid Healing and Recovery Fund.
Section 12.254 - Strategic Outreach and Attraction Reserve Fund.
Section 12.255 - Michigan Medicaid Benefits Trust Fund.
Section 12.256 - Expenditure of Medicaid Benefits Trust Fund Revenues.
Section 12.258 - Transfer and Disbursement of Funds; Purpose.
Section 12.260 - Michigan Merit Award Trust Fund; Disbursement of Funds; Purpose.