Sec. 7.
(1) The money, interest, and earnings of the fund shall be expended solely for the purposes described in this act.
(2) Money granted or received as a gift or donation to the fund is available for distribution upon appropriation to each county from which a contribution, gift, or donation was received.
History: 2018, Act 259, Imd. Eff. June 28, 2018
Structure Michigan Compiled Laws
Chapter 206 - Income Tax Act of 1967
Act 259 of 2018 - Kiwanis Fund Act (206.1061 - 206.1071)
Section 206.1061 - Short Title.
Section 206.1063 - Definitions.
Section 206.1065 - Kiwanis Fund; Creation; Purpose; Amounts Credited Under MCL 206.435; Investments.
Section 206.1067 - Interest, Earnings, and Gifts; Expenditures.
Section 206.1069 - Use of Money as Matching Funds for Federal Grant.
Section 206.1071 - Appropriations; Money Remaining in Fund at Close of Year.