Michigan § 18.1435 - Revolving funds; transferring net income to general fund.
Full text of Michigan Michigan Compiled Laws § 18.1435 — Revolving funds; transferring net income to general fund., with citation guidance and answers to common questions.
§ 18.1435. Revolving funds; transferring net income to general fund.
The net income earned each fiscal year in the following revolving funds shall be transferred to the state general fund at the end of that fiscal year. The funds to which this section applies are as follows:
Liquor purchase revolving fund.
Michigan state fair revolving fund.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 18.1435
What does Michigan Compiled Laws § 18.1435 cover?
Section 18.1435 ("Revolving funds; transferring net income to general fund.") 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 § 18.1435?
A common citation format is "Michigan Compiled Laws § 18.1435" (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 § 18.1435 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.