Section 324.2134 - Land exchange facilitation fund; creation; administration; money carried over. - Michigan Statutes

NATURAL RESOURCES AND ENVIRONMENTAL PROTECTION ACT (EXCERPT)
Act 451 of 1994

324.2134 Land exchange facilitation fund; creation; administration; money carried over.

Sec. 2134.

(1) A land exchange facilitation fund is created in the state treasury. The fund shall be administered by the department and shall be used only as provided in section 2135.

(2) Any money, including interest earned by the fund, remaining in the fund at the end of a fiscal year shall be carried over in the fund to the next and succeeding fiscal years and shall not be credited to or revert to the general fund.

History: Add. 1995, Act 60, Imd. Eff. May 24, 1995
Popular Name: Act 451
Popular Name: NREPA