Mich. Comp. Laws § 38.1042
This is the official text of Mich. Comp. Laws § 38.1042, 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.
Not legal advice. This page reproduces the official text of a government statute for reference only. Laws change, and how a statute applies depends on your specific facts. For advice about your situation, consult a licensed attorney in your state.
Acceptance of gift, grant, or bequest by board.
Official statutory text
Sec. 42.
The board may accept any gift, grant, or bequest of any money or securities for the purposes designated by the grantor.
History: 1957, Act 261, Eff. Sept. 27, 1957; Am. 1981, Act 123, Imd. Eff. July 23, 1981
The board may accept any gift, grant, or bequest of any money or securities for the purposes designated by the grantor.
History: 1957, Act 261, Eff. Sept. 27, 1957; Am. 1981, Act 123, Imd. Eff. July 23, 1981
Status: in_force · Read it on the official government site
Need a lawyer in Michigan?
Find a Michigan lawyer
About this page: Statute text is reproduced from official government publishers via the
Open US Law dataset
(Vaquill AI, snapshot v2026.08, CC BY 4.0). Primary legislative text like this is public domain under the government-edicts doctrine
(Georgia v. Public.Resource.Org, 2020). We link every section back to its official source so you can verify it independently.