MCL - Section 38.1040
Act 261 of 1957
38.1040 Board of trustees; record of proceedings; individual accounts; actuarial data.
Sec. 40.
The board shall keep a permanent record of all proceedings of the board, a separate account for each individual member and such additional data as shall be specified by the actuary as being necessary for required calculations and valuations.
History: 1957, Act 261, Eff. Sept. 27, 1957