State Codes and Statutes
Statutes > Michigan > Chapter-35 > Act-106-of-1974 > Section-35-1003BONDS TO PROVIDE SERVICE BONUS FOR VIETNAM VETERANS (EXCERPT)
Act 106 of 1974
35.1003 Service bonus for certain veterans.
Sec. 3.
(1) A combat veteran shall be paid a service bonus in the amount of $600.00.
(2) A veteran shall be paid a service bonus of $15.00 per month for each month or major portion thereof served as a veteran but not to exceed a maximum of $450.00.
(3) A person shall not be entitled to a bonus as both a veteran and a combat veteran.
(4) If the veteran or combat veteran be deceased, payment shall be made to his beneficiary.
(5) If a veteran dies or is deceased from service-connected causes his beneficiary shall be entitled to receive the difference between the amount which the veteran received under subsection (2) and the sum of $450.00.
History: 1974, Act 106, Eff. Nov. 5, 1974
