Michigan Laws 35.1056 – Grants or gifts; disposition
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Terms Used In Michigan Laws 35.1056
- Commission: means the Michigan Vietnam veterans memorial monument fund commission established in section 4. See Michigan Laws 35.1052
- Corporation: A legal entity owned by the holders of shares of stock that have been issued, and that can own, receive, and transfer property, and carry on business in its own name.
- Monument fund: means the Vietnam veterans memorial monument fund created in section 3. See Michigan Laws 35.1052
- state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
The commission may accept on behalf of the monument fund grants or gifts from the federal government, an individual, a public or private corporation, organization, or foundation, or any other source. The acceptance and use of federal funds by the commission does not commit state money and does not obligate the legislature to continue the purposes for which federal money is made available. The commission shall transmit money received under this section to the state treasurer for deposit in the monument fund.