Michigan § 38.1056 - Undivided interest in assets of system.
Full text of Michigan Michigan Compiled Laws § 38.1056 — Undivided interest in assets of system., with citation guidance and answers to common questions.
§ 38.1056. Undivided interest in assets of system.
The 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.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 38.1056
What does Michigan Compiled Laws § 38.1056 cover?
Section 38.1056 ("Undivided interest in assets of system.") 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 § 38.1056?
A common citation format is "Michigan Compiled Laws § 38.1056" (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 § 38.1056 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.