Michigan Laws 390.1474 – Management contract; supervision by treasurer

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Board: means the board of directors of the Michigan education trust described in section 10 of the Michigan education trust act, 1986 PA 316, MCL 390. See Michigan Laws 390.1472
Contract: A legal written agreement that becomes binding when signed.
Treasurer: means the state treasurer. See Michigan Laws 390.1472

The treasurer shall be responsible for the ongoing supervision of each management contract in consultation with the board.