Sec. 11.
The money in the fund that is available for distribution shall be appropriated each year. Money in the fund at the close of the year shall remain in the fund and shall not lapse to the general fund.
History: 2016, Act 181, Imd. Eff. June 16, 2016
Structure Michigan Compiled Laws
Chapter 206 - Income Tax Act of 1967
Act 181 of 2016 - Michigan Junior Achievement Fund Act (206.1011 - 206.1021)
Section 206.1011 - Short Title.
Section 206.1013 - Definitions.
Section 206.1017 - Expenditures; Availability of Money Received as Gift or Donation; Distribution.
Section 206.1019 - Use of Money as Matching Funds for Federal Grant.
Section 206.1021 - Appropriation; Money Remaining in Fund at Close of Year.