Michigan § 38.1216 - Actuarial review; report.
Full text of Michigan Michigan Compiled Laws § 38.1216 — Actuarial review; report., with citation guidance and answers to common questions.
§ 38.1216. Actuarial review; report.
The investment fiduciary shall have an actuarial review of the fund or trust prepared at least every 5 years with assets valued on a market related basis. The investment fiduciary shall prepare and issue a summary annual report to the legislative body of the public corporation that established the fund or trust.
Frequently Asked Questions About Michigan § 38.1216
What does Michigan Compiled Laws § 38.1216 cover?
Section 38.1216 ("Actuarial review; report.") 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 § 38.1216?
A common citation format is "Michigan Compiled Laws § 38.1216" (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 § 38.1216 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.