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Form a Business

Board of trustees; record of proceedings; individual accounts; actuarial data.

MCL 38.1040
in effect
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38.1040. Board of trustees; record of proceedings; individual accounts; actuarial data. Sec. 40. The board shall keep a permanent record of all proceedings of the board, a separate account for each individual member and such additional data as shall be specified by the actuary as being necessary for required calculations and valuations. 1957, Act 261, Eff. Sept. 27, 1957
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-38-1040Fetched: 10/20/2026

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