Michigan Laws 324.44104 – Game and fish lifetime license trust fund; creation; purpose; crediting money received; investment of trust fund
Current as of: 2024 | Check for updates
|
Other versions
Terms Used In Michigan Laws 324.44104
- Legacy: A gift of property made by will.
- Trust fund: means the game and fish lifetime license trust fund created in section 44104. See Michigan Laws 324.44101
(1) The game and fish lifetime license trust fund is created within the state treasury for the benefit of the people of this state to assist in providing adequate long-term funding for the game and fish protection account of the Michigan conservation and recreation legacy fund provided for in section 2010.
(2) The state treasurer shall credit money received from the sale of lifetime hunting and fishing licenses under this part to the trust fund.
(3) The state treasurer shall invest the trust fund in the same manner as surplus funds are invested.