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: 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.