Sec. 62509b.
(1) The mineral well regulatory fund is created within the state treasury.
(2) The state treasurer may receive money or other assets from any source for deposit into the fund. The state treasurer shall direct the investment of the fund. The state treasurer shall credit to the fund interest and earnings from fund investments.
(3) Money in the fund at the close of the fiscal year shall remain in the fund and shall not lapse to the general fund.
(4) The department shall expend money from the fund, upon appropriation, only to implement and enforce this part.
History: Add. 1998, Act 467, Imd. Eff. Jan. 4, 1999 Popular Name: Act 451Popular Name: NREPA
Structure Michigan Compiled Laws
Chapter 324 - Natural Resources and Environmental Protection
Act 451 of 1994 - Natural Resources and Environmental Protection Act (324.101 - 324.90106)
Article III - Natural Resources Management (324.30101...324.83109)
451-1994-III-3 - Chapter 3 Management of Nonrenewable Resources (324.60101...324.64111)
451-1994-III-3-3 - Subchapter 3 Mineral Wells (324.62501...324.62518)
451-1994-III-3-3-625 - Part 625 Mineral Wells (324.62501...324.62518)
Section 324.62501 - Definitions.
Section 324.62502 - Waste Prohibited.
Section 324.62503 - Supervisor of Mineral Wells; Appointment of Assistants; Salaries; Expenses.
Section 324.62504 - Appeal Board; Persons Entitled to Appeal; Hearing; Right to Be Heard.
Section 324.62505 - Administration and Enforcement of Part; Jurisdiction of Supervisor.
Section 324.62506 - Prevention of Waste; Rules; Waste; Enforcement.
Section 324.62507 - Emergency Orders; Issuance; Duration.
Section 324.62508 - Supervisor of Mineral Wells; Powers.
Section 324.62509a - Mineral Well Regulatory Fee.
Section 324.62509b - Mineral Well Regulatory Fund.
Section 324.62516 - Prohibited Acts.