Michigan Code § 380.1372

Debt Retirement Fund; Record of Moneys; Securities, and Transactions; Reports.
Open in Lexace · Ask the AI about this section
Sec. 1372.
The treasurer of a board of education shall keep a proper record of the moneys and securities on hand in the debt retirement fund and of the transactions relating thereto. The treasurer shall periodically, and when requested by the board, make a complete report concerning the same. The proper officers of the school district shall make reports concerning the transactions relating to the debt retirement fund as may be required by the state board or other authority in connection with the handling of the funds of the school district.
History: 1976, Act 451, Imd. Eff. Jan. 13, 1977 Popular Name: Act 451

‹ Prev All Michigan sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.