{"data":{"id":"us-mi/mich.-comp.-laws-38.1056","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 38.1056","heading":"Undivided interest in assets of system.","body":"Sec. 56.\n\nThe assets of the system shall be invested as one fund, and no particular person, group of persons or entity shall have any right in any specific security or property, or in any item of cash other than an undivided interest in the whole as specified in the provisions of this act as it now exists or is subsequently amended.","path":["MI Code","Chapter 38","Act Act-261-of-1957"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-38-1056","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"c0a9acbeee8773c9d5a391e66b0b849cb0c73780c2ace62db7e2c65c7e8c7cf1","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-38.1055","next":"us-mi/mich.-comp.-laws-38.1057"},"notice":"GroundRules: Original legal text. Not legal advice."}