Mich. Comp. Laws § 28.307
This is the official text of Mich. Comp. Laws § 28.307, part of Michigan’s Comp. Laws — part of the compiled statutory law of Michigan, published by the state as "Comp. Laws." Browse the sections below, each linked to its official government source.
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Enhanced driver license and enhanced official state personal identification card fund; creation; disposition of money and assets; investment; money remaining at close of fiscal year; secretary of state as administrator; expenditure.
Official statutory text
Sec. 7.
(1) The enhanced driver license and enhanced official state personal identification card 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.
(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 secretary of state shall be the administrator of the fund for auditing purposes.
(5) The secretary of state shall expend money from the fund, upon appropriation, to pay the necessary expenses incurred by the secretary of state in the administration and enforcement of this act.
History: 2008, Act 23, Imd. Eff. Mar. 13, 2008
(1) The enhanced driver license and enhanced official state personal identification card 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.
(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 secretary of state shall be the administrator of the fund for auditing purposes.
(5) The secretary of state shall expend money from the fund, upon appropriation, to pay the necessary expenses incurred by the secretary of state in the administration and enforcement of this act.
History: 2008, Act 23, Imd. Eff. Mar. 13, 2008
Status: in_force · Read it on the official government site
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