2006 Michigan Compiled Laws - Mich. Comp. Laws § 390.1101 Institutions of higher education; accounting to legislature.

INSTITUTIONS OF HIGHER EDUCATION; ACCOUNTING TO LEGISLATURE (EXCERPT)
Act 42 of 1963 (2nd Ex. Sess.)


390.1101 Institutions of higher education; accounting to legislature.

Sec. 1.

The governing board of each state supported institution of higher education shall submit to the state legislature through the legislative auditor general, on or before November 1 of each year, an annual accounting in triplicate of all income and expenditures of the institution for its last preceding fiscal year, in accordance with procedures prescribed by the legislative auditor general.


History: 1963, 2nd Ex. Sess., Act 42, Imd. Eff. Dec. 27, 1963



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