Main Content Act 306 of 1976 friendly link printer friendly bills affecting mcl index link Search within this Statute for DEFERRED COMPENSATION PLANAct 306 of 1976AN ACT to authorize the administration of a deferred compensation plan; to provide for its operation; to authorize the investment and disbursement of the funds of the plan; and to prescribe powers and duties of certain state officers and agencies. History: 1976, Act 306, Imd. Eff. Oct. 28, 1976 ;-- Am. 1996, Act 96, Imd. Eff. Feb. 28, 1996 The People of the State of Michigan enact: DocumentTypeDescription Section 38.1151SectionDeferred compensation plan; administration and investment.