Section 18.425 - Michigan justice training fund; creation; disposition of certain money and investment earnings.
MICHIGAN JUSTICE TRAINING COMMISSION (EXCERPT)
Act 302 of 1982
18.425 Michigan justice training fund; creation; disposition of certain money and investment earnings.
Sec. 5.
(1) The Michigan justice training fund is created in the state treasury.
(2) Money in the fund which is not distributed in a fiscal year and which was to be distributed under section 3(b) shall remain in the fund for distribution in future fiscal years only for the purposes described in section 3(b).
(3) Investment earnings from the Michigan justice training fund assets shall be deposited in the Michigan justice training fund.
History: 1982, Act 302, Imd. Eff. Oct. 12, 1982 ;-- Am. 1989, Act 158, Imd. Eff. July 28, 1989
Compiler's Notes: For transfer of statutory authority, powers, duties, functions, and responsibilities of the Michigan justice training commission, the Michigan justice training fund, the commission on law enforcement standards, and the law enforcement officers training fund to the new Michigan commission on law enforcement standards by type III transfer, see E.R.O. No. 2001-2, compiled at MCL 28.621 of the Michigan compiled laws.