MCL - Act 149 of 1999


Act 149 of 1999

AN ACT to provide for the creation of public employee health care funds; to provide for the administration of the funds; to authorize the investment of the assets of the funds or trusts; and to prescribe the powers and duties of investment fiduciaries and certain public officers and employees.

History: 1999, Act 149, Imd. Eff. Nov. 1, 1999

The People of the State of Michigan enact:
Document Type Description
Section 38.1211 Section Short title.
Section 38.1212 Section Definitions.
Section 38.1213 Section Establishment of public employee health care fund; resolution.
Section 38.1214 Section Investment fiduciary; duties.
Section 38.1214a Section Trustee of bankruptcy trust; service; removal; vacancy on board; meetings; business conducted at public meeting; publication of summary annual report on public website; "appointing authority" defined.
Section 38.1214b Section Compensation.
Section 38.1215 Section Investment of trust assets; resolution.
Section 38.1216 Section Actuarial review; report.