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2019 Michigan Compiled Laws
Chapter 38 - Civil Service and Retirement
Act 149 of 1999 Public Employee Health Care Fund Investment Act (38.1211 - 38.1216)
AN ACT to provide for the creation of public employee health care funds; to provide for the administration of the funds; to authorize the investment of the assets of the funds or trusts; and to prescribe the powers and duties of investment fiduciaries and certain public officers and employees.
History: 1999, Act 149, Imd. Eff. Nov. 1, 1999
- Section 38.1211 Short Title.
- Section 38.1212 Definitions.
- Section 38.1213 Establishment of Public Employee Health Care Fund; Resolution.
- Section 38.1214 Investment Fiduciary; Duties.
- Section 38.1214a Trustee of Bankruptcy Trust; Service; Removal; Vacancy on Board; Meetings; Business Conducted at Public Meeting; Publication of Summary Annual Report on Public Website; "Appointing Authority" Defined.
- Section 38.1214b Compensation.
- Section 38.1215 Investment of Trust Assets; Resolution.
- Section 38.1216 Actuarial Review; Report.
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