MCL - Act 190 of 1991
AN ACT to provide for the direct deposit of state employee payrolls, state university payments, and state retirement benefit payments into financial institutions; to allow any financial institution to participate in a state employee payroll deduction program; and to prescribe the powers and duties of certain state agencies and officials.
History: 1991, Act 190, Imd. Eff. Dec. 27, 1991
| Document | Type | Description |
|---|---|---|
| Section 487.2101 | Section | Definitions. |
| Section 487.2102 | Section | Enrollment in distribution system for direct deposit of retirement benefit with financial institution; electronic fund transfer of state college and university payments. |
| Section 487.2103 | Section | Establishment of criteria and distribution system for participation by financial institution. |
| Section 487.2104 | Section | Rules; participation prohibited under certain conditions. |
| Section 487.2105 | Section | Fee; limitation; prohibition. |