Michigan Compiled Laws
Act 71 of 1919 - Uniform System of Accounting (21.41 - 21.55)
Section 21.44c - Schedule of Derivative Instruments and Products; Filing Copies With Library of Michigan and Depository Libraries; Availability of Report and Statement for Public Inspection.

Sec. 4c.
(1) The department of treasury shall promptly file with the library of Michigan a sufficient number of copies of a schedule of derivative instruments and products described in section 4a(2)(b) or (d) and obtained under section 4a or section 4b to deposit 1 copy in the library of Michigan and 1 copy in each depository library.
(2) The library of Michigan and depository libraries shall serve as depositories for schedules of derivative instruments and products described in section 4a(2)(b) or (d) in the manner required by sections 9 and 10 of the library of Michigan act, Act No. 540 of the Public Acts of 1982, being sections 397.19 and 397.20 of the Michigan Compiled Laws. The library of Michigan and each depository library shall promptly make a schedule of derivative instruments and products described in section 4a(2)(b) or (d) available to the public.
(3) A county shall obtain and retain a copy of an annual financial report submitted under this act. A county or the state treasurer shall make an annual financial report prepared, owned, used, in the possession of, or retained by the county or state treasurer available for public inspection under the freedom of information act, Act No. 442 of the Public Acts of 1976, being sections 15.231 to 15.246 of the Michigan Compiled Laws.
(4) A department, institution, or office of state government shall obtain and retain subject to sections 284 to 292 of the management and budget act, Act No. 431 of the Public Acts of 1984, being sections 18.1284 to 18.1292 of the Michigan Compiled Laws, a copy of a statement submitted under section 4a(1). A department, institution, or office of state government, including but not limited to the auditor general, shall make a statement under section 4a(1) prepared, owned, used, in the possession of, or retained by the department, institution, or office of state government available for public inspection under Act No. 442 of the Public Acts of 1976.
History: Add. 1996, Act 426, Imd. Eff. Nov. 25, 1996 Compiler's Notes: For transfer of powers and duties of library of Michigan and state librarian, except pertaining to services for blind and physically handicapped and those related to census data functions, to department of education, see E.R.O. No. 2009-26, compiled at MCL 399.752.

Structure Michigan Compiled Laws

Michigan Compiled Laws

Chapter 21 - Budget and State Accounts

Act 71 of 1919 - Uniform System of Accounting (21.41 - 21.55)

Section 21.41 - Accounting and Reporting System; Installation by State Treasurer; Uniformity.

Section 21.42 - Accounting System; Accounts; Form and Contents.

Section 21.43 - Accounting System; Separate Accounts for Appropriations; Contents.

Section 21.44 - Accounting System; Uniform Annual Financial Reports From County Offices; Filing.

Section 21.44a - Statement to Be Filed With Auditor General; Annual County Financial Report; Excluded Information; Unauthorized Investments Prohibited.

Section 21.44b - Nonpension Investments in Derivative Instruments or Products; Failure to Report; Determination and Report by Auditor General or Department of Treasury; Expenses.

Section 21.44c - Schedule of Derivative Instruments and Products; Filing Copies With Library of Michigan and Depository Libraries; Availability of Report and Statement for Public Inspection.

Section 21.45 - State Treasurer; Examination of Accounts; Annual Audit; Minimum Auditing Procedures and Standards; Report; Filing Copy of Audit Report and Report of Auditing Procedures; Extension; Contents of Audit Report; Performance of Audit by Cer...

Section 21.46 - Examination of Accounts; Subpoenas; Witnesses; Production of Records.

Section 21.47 - Accounting System; Report of Examination of Accounts; Filing; Criminal and Civil Proceedings; Prosecution; Removal for Neglect.

Section 21.48 - Accounting System; Adoption by County Officers Mandatory; Refusal; Penalties.

Section 21.49 - Accounting System; Removal for Noncompliance; Hearing.

Section 21.50 - Accounting System; Audit of Department of Treasury.

Section 21.51 - Giving or Offering to Examiner or Other Employee Money, Gift, Emolument, or Thing of Value; Purposes; Misdemeanor; Penalty.

Section 21.52 - Receiving or Soliciting Money, Gift, Emolument, or Anything of Value; Purposes; Misdemeanor; Penalty.

Section 21.53 - Repealed. 2002, Act 370, Imd. Eff. May 24, 2002.

Section 21.54 - Repealed. 1984, Act 431, Eff. Mar. 29, 1985.

Section 21.55 - Definitions.