State Codes and Statutes
Statutes > Michigan > Chapter-35 > Act-4-of-1943 > Section-35-651POST-WAR RESERVE FUND (EXCERPT)
Act 4 of 1943
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.
History: 1943, Act 4, Imd. Eff. Feb. 16, 1943 ;-- Am. 1945, Act 46, Imd. Eff. Mar. 15, 1945 ;-- CL 1948, 35.651
