Michigan § 18.1431 - Accounting for activities and programs; assignment; classification of funds.

Full text of Michigan Michigan Compiled Laws § 18.1431 — Accounting for activities and programs; assignment; classification of funds., with citation guidance and answers to common questions.

§ 18.1431. Accounting for activities and programs; assignment; classification of funds.

Sec. 431.

The director shall assign the accounting for activities and programs established by the legislature to funds and classify each fund into fund types in accordance with generally accepted accounting principles. The director may, in consultation with the chief executive officers of state agencies significantly involved in the operation of funds, change the classification of funds when the operation of the fund changes or when there is a change in the application of generally accepted accounting principles.

Frequently Asked Questions About Michigan § 18.1431

What does Michigan Compiled Laws § 18.1431 cover?

Section 18.1431 ("Accounting for activities and programs; assignment; classification of funds.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.

How do I cite Michigan § 18.1431?

A common citation format is "Michigan Compiled Laws § 18.1431" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.

Is this the official text of Michigan law?

No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.

How does Michigan § 18.1431 apply to my situation?

Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.

Sources & Verification

Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.