Michigan § 38.1151 - Deferred compensation plan; administration and investment.

Full text of Michigan Michigan Compiled Laws § 38.1151 — Deferred compensation plan; administration and investment., with citation guidance and answers to common questions.

§ 38.1151. Deferred compensation plan; administration and investment.

Sec. 1.(1)

Until October 1, 1996, the department of civil service may implement and administer a deferred compensation plan that may include a fixed-income plan and a stock plan option. The plan, if implemented, shall be established by resolution by the state civil service commission. The resolution shall set forth the purpose, eligibility requirements, membership, qualifications, and administration of the plan.

(2)

Beginning on October 1, 1996, the state treasurer is responsible for the administration and investment of the deferred compensation plan.

Source: official Michigan text · Last verified 2026-08-27

Frequently Asked Questions About Michigan § 38.1151

What does Michigan Compiled Laws § 38.1151 cover?

Section 38.1151 ("Deferred compensation plan; administration and investment.") 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 § 38.1151?

A common citation format is "Michigan Compiled Laws § 38.1151" (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 § 38.1151 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.