Sec. 1165.
(1) Not later than July 1, 2002, the department shall develop or adopt, and shall make available to schools, 1 or more model programs for youth financial education. A program under this section shall be designed to incorporate financial education throughout the curriculum for grades K to 12 and shall be based on the concept of achieving financial literacy through the teaching of personal financial management skills and the basic principles involved with earning, spending, saving, borrowing, and investing.
(2) Each school district, local act school district, and public school academy is encouraged to adopt and implement the model financial education programs developed under subsection (1) or 1 or more similar financial education programs.
(3) To the extent that federal funds are available for these purposes, the department shall use those funds for grants to public schools and other measures to encourage implementation of financial education programs.
History: Add. 2002, Act 111, Imd. Eff. Apr. 1, 2002 Popular Name: Act 451
Structure Michigan Compiled Laws
Chapter 380 - The Revised School Code
Act 451 of 1976 - The Revised School Code (380.1 - 380.1853)
Article 2 - (380.805...380.1644)
451-1976-2-15 - Part 15 School Districts; Powers and Duties Generally (380.1131...380.1186)
Section 380.1131 - Provisions Governing School Districts.
Section 380.1132 - Repealed. 1995, Act 289, Eff. July 1, 1996.
Section 380.1133 - Commencement of Fiscal School Year.
Section 380.1134 - Definitions; Tagging Record of Missing Student; Removal of Tag.
Section 380.1136 - Protection of Pupil Privacy.
Section 380.1137 - Powers of Parents and Legal Guardians; Policies or Guidelines.
Section 380.1139 - Access to High School Pupil Directory by Armed Forces Recruiting Representatives.
Section 380.1146 - Single-Gender School, Class, or Program.
Section 380.1147 - Enrollment of Child in Kindergarten; Age; Eligibility; Notification.
Section 380.1147b - Repealed. 1995, Act 289, Eff. July 1, 1996.
Section 380.1148a - Parents Residing in Different School Districts; Residency of Child.
Section 380.1149, 380.1150 - Repealed. 1995, Act 289, Eff. July 1, 1996.
Section 380.1151 - English as Basic Language of Instruction; Exceptions.
Section 380.1153 - Bilingual Instruction Program; Establishment and Operation.
Section 380.1154 - Repealed. 1995, Act 289, Eff. July 1, 1996.
Section 380.1155 - Bilingual Instruction Program; Notice of Enrollment.
Section 380.1156 - Repealed. 1995, Act 289, Eff. July 1, 1996.
Section 380.1157 - In-Service Training Programs; Rules; Examination of Testing Mechanisms.
Section 380.1157a - Repealed. 1993, Act 335, Imd. Eff. Dec. 31, 1993.
Section 380.1157b - High School Credit in Foreign Language for American Sign Language.
Section 380.1158 - Repealed. 1995, Act 289, Eff. July 1, 1996.
Section 380.1163 - Gun Safety Instruction for Elementary School Pupils; Model Program.
Section 380.1164b - African History; Course Content.
Section 380.1165 - Financial Education Programs.
Section 380.1166b.added - Free Enterprise and Entrepreneurship Instruction Programs.
Section 380.1167, 380.1168 - Repealed. 1995, Act 289, Eff. July 1, 1996.
Section 380.1171a - Repealed. 1995, Act 289, Eff. July 1, 1996.
Section 380.1172 - Repealed. 2016, Act 535, Eff. Apr. 9, 2017.
Section 380.1173-380.1174a - Repealed. 1995, Act 289, Eff. July 1, 1996.
Section 380.1175 - Public Holidays; Salaries Not Affected; Commemorative Exercises.
Section 380.1176 - Repealed. 1995, Act 289, Eff. July 1, 1996.
Section 380.1178a - Administration of Medications; Duties of Department.
Section 380.1179b - Repealed. 2019, Act 38, Eff. Sept. 24, 2019.
Section 380.1186 - Repealed. 1995, Act 289, Eff. July 1, 1996.