For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Deposit of money in separate fund; review of expenditures.

MCL 397.570
in effect
Sign in to generate a plain English summaryAsk Belisarius Agent
397.570. Deposit of money in separate fund; review of expenditures. Sec. 20. A cooperative library or public library receiving state aid shall deposit the money in a separate fund. Expenditures from that fund are subject to review by the department or its authorized representative. 1977, Act 89, Imd. Eff. Aug. 2, 1977; Am. 2001, Act 65, Eff. Oct. 1, 2001
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-397-570Fetched: 10/20/2026

Starting a business in Michigan? Michigan LLC guide: costs and requirements