Section 38.1016 - Prescribed rate of interest; definition.
MICHIGAN LEGISLATIVE RETIREMENT SYSTEM ACT (EXCERPT)
Act 261 of 1957
38.1016 Prescribed rate of interest; definition.
Sec. 16.
“Prescribed rate of interest” means such rate or rates as shall from time to time be prescribed by the board.
History: 1957, Act 261, Eff. Sept. 27, 1957 ;-- Am. 1968, Act 99, Imd. Eff. June 7, 1968