Sec. 5863.
(1) The department of treasury shall do all of the following:
(a) Receive money granted to this state by the federal government under this part.
(b) Receive payments as provided in section 5841 and keep that money in the parent participation fund.
(c) Disburse money from the funds on certification by the department.
(2) The state treasurer shall direct the investment of the children with special needs fund. The state treasurer has the same authority to invest assets of the children with special needs fund as is granted to an investment fiduciary that is investing assets under the public employee retirement system investment act, 1965 PA 314, MCL 38.1132 to 38.1141. The state treasurer shall comply with the divestment from terror act, 2008 PA 234, MCL 129.291 to 129.301, in making investments under this subsection.
History: 1978, Act 368, Eff. Sept. 30, 1978 ;-- Am. 2015, Act 91, Imd. Eff. June 25, 2015 ;-- Am. 2016, Act 427, Eff. Apr. 4, 2017 Popular Name: Act 368
Structure Michigan Compiled Laws
Act 368 of 1978 - Public Health Code (333.1101 - 333.25211)
Article 5 - Prevention and Control of Diseases and Disabilities (333.5101...333.5955)
368-1978-5-58 - Part 58 Children and Youth With Special Health Care Needs (333.5801...333.5879)
Section 333.5811 - Repealed. 2015, Act 91, Imd. Eff. June 25, 2015.
Section 333.5815 - Program of Services; Establishment and Administration; Rules.
Section 333.5817 - Duties of Department.
Section 333.5821 - Diagnostic Clinics and Services; Availability of Examination Results.
Section 333.5823 - Eligibility for Services; Application; Investigation; Medical Evidence.
Section 333.5826 - Approval of Hospital, Facilities, and Specialists.
Section 333.5828 - Hospital Bed to Be Provided; Operation or Treatment by Physician or Surgeon.
Section 333.5831 - Report From Approved Hospital; Form; Contents; Time.
Section 333.5835 - Educational Services for Hospitalized Child; Compliance; Records.
Section 333.5843 - Cost of Care and Surgical and Medical Treatment; Subrogation.
Section 333.5847 - Payments Not Considered Social Services Aid; Individual Not Considered Indigent.
Section 333.5863 - Duties of Department of Treasury.