Michigan § 38.1613 - Summary of fiscal transactions.

Full text of Michigan Michigan Compiled Laws § 38.1613 — Summary of fiscal transactions. , with citation guidance and answers to common questions.

§ 38.1613. Summary of fiscal transactions.

Sec. 13.

By April 15 of each year, the department shall furnish to the governor, the legislature, each retirant or beneficiary of a deceased retirant, and each member, a summary of the fiscal transactions of the retirement system for the last completed fiscal year. The summary shall contain at least the following information from the actuarial and financial statements:

(a)

A statement of assets and liabilities.

(b)

A statement of investments by, and amount earned in, each category.

(c)

A statement of revenues and expenditures.

(d)

A statement of the estimated number of members having vested pension benefits for which the retirement system is liable.

(e)

Other information the department or retirement board considers necessary.

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

Frequently Asked Questions About Michigan § 38.1613

What does Michigan Compiled Laws § 38.1613 cover?

Section 38.1613 ("Summary of fiscal transactions. ") 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 § 38.1613?

A common citation format is "Michigan Compiled Laws § 38.1613" (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 § 38.1613 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.