Michigan Laws 287.994 – Expenditures; money received as gift or donation; administrative costs
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Terms Used In Michigan Laws 287.994
- Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
- Department: means the department of agriculture. See Michigan Laws 287.992
- Fund: means the animal welfare fund created in section 3. See Michigan Laws 287.992
- Gift: A voluntary transfer or conveyance of property without consideration, or for less than full and adequate consideration based on fair market value.
(1) The money, interest, and earnings of the fund shall be expended solely for the purposes described in this act.
(2) Money granted or received as a gift or donation to the fund is available for distribution upon appropriation.
(3) Money in the fund may be expended by the department for actual administrative costs related to the administration of programs or activities authorized under this act.