Michigan § 333.5863 - Duties of department of treasury.
Full text of Michigan Michigan Compiled Laws § 333.5863 — Duties of department of treasury., with citation guidance and answers to common questions.
§ 333.5863. Duties of department of treasury.
(1) The department of treasury shall do all of the following:
(a) Receive money granted to this state by the federal government under this part.
(b) Receive payments as provided in section 5841 and keep that money in the parent participation fund.
(c) Disburse money from the funds on certification by the department.
(2) The state treasurer shall direct the investment of the children with special needs fund. The state treasurer has the same authority to invest assets of the children with special needs fund as is granted to an investment fiduciary that is investing assets under the public employee retirement system investment act, 1965 PA 314, MCL 38.1132 to 38.1141. The state treasurer shall comply with the divestment from terror act, 2008 PA 234, MCL 129.291 to 129.301, in making investments under this subsection.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 333.5863
What does Michigan Compiled Laws § 333.5863 cover?
Section 333.5863 ("Duties of department of treasury.") 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 § 333.5863?
A common citation format is "Michigan Compiled Laws § 333.5863" (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 § 333.5863 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.