Mich. Comp. Laws § 38.1688
This is the official text of Mich. Comp. Laws § 38.1688, 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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Loan eligibility; correcting records and recovering overpayments.
Official statutory text
Sec. 8.
This act is not intended to prohibit a member or retirant from receiving a loan from the retirement system if the retirement system concludes that the member or retirant is otherwise eligible for a loan.
Nothing in this act shall prevent a retirement system administrator from correcting records and seeking to recover overpayments that the retirement system made to a retirant or member.
History: 2002, Act 100, Imd. Eff. Mar. 27, 2002
This act is not intended to prohibit a member or retirant from receiving a loan from the retirement system if the retirement system concludes that the member or retirant is otherwise eligible for a loan.
Nothing in this act shall prevent a retirement system administrator from correcting records and seeking to recover overpayments that the retirement system made to a retirant or member.
History: 2002, Act 100, Imd. Eff. Mar. 27, 2002
Status: in_force · Read it on the official government site
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