Mich. Comp. Laws § 38.2737: Assets; diversion for other purposes prohibited.
Where this section sits in the code
- MI Code
- Chapter 38
- Act Act-77-of-2010
Sec. 7.
The assets of the irrevocable trust shall be used exclusively for the benefit of past members and their funding account dependents and shall not be diverted for a purpose other than the payment of retirement health care benefits and the administrative costs of providing such benefits.
Collected 2026-09-14T18:32:31Z. Source file · JSON