2012 Michigan Compiled Laws
Chapter 1 — Constitution of the State of Michigan of 1963
CONSTITUTION OF MICHIGAN OF 1963 — STATE CONSTITUTION (Article I § 1 - § 0)
CONSTITUTION-IX — ARTICLE IX FINANCE AND TAXATION (Article IX § 1...§ 42)
Article IX § 39 — Michigan veterans' trust fund board of trustees; administration of trust fund.


STATE CONSTITUTION (EXCERPT)
CONSTITUTION OF MICHIGAN OF 1963

§ 39 Michigan veterans' trust fund board of trustees; administration of trust fund.

Sec. 39.

The Michigan veterans' trust fund board of trustees shall administer the Michigan veterans' trust fund. The board of trustees shall not authorize the expenditure or transfer of a trust fund asset, interest, or earnings unless the board of trustees determines in its discretion and by a majority vote that the expenditure or transfer is for the benefit of veterans or their spouses or dependents.


History: Add. H.J.R. H., approved Nov. 5, 1996, Eff. Dec. 21, 1996


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