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Form a Business

Post-war reserve fund; creation, purpose.

MCL 35.651
in effect
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35.651. Post-war reserve fund; creation, purpose. Sec. 1. There is hereby created a post-war reserve fund in the state treasury in the amount of $50,000,000.00 for the purpose of liquidating Michigan's obligations, after the termination of the war, to its returning service men, their widows or dependents, and said fund shall be excluded in determining any surplus or deficiency in the general fund of the state. 1943, Act 4, Imd. Eff. Feb. 16, 1943; Am. 1945, Act 46, Imd. Eff. Mar. 15, 1945; CL 1948, 35.651
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-35-651Fetched: 10/20/2026

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