SOCIAL SECURITY FOR PUBLIC EMPLOYEES (EXCERPT)
Act 205 of 1951
38.864 Contribution fund; administrative account, establishment, deposits.
Sec. 14.
There shall be established within the contribution fund a separate account to be known as the administrative account. This account shall consist of, and there shall be deposited therein, all moneys received under sections 9 and 18. All moneys received in the administrative account shall be mingled and undivided.
History: 1951, Act 205, Imd. Eff. June 14, 1951
© 2009 Legislative Council, State of Michigan
