Michigan § 390.1345 - Restricted account; establishment and administration by department of treasury; use; carrying over money to next fiscal year.
Full text of Michigan Michigan Compiled Laws § 390.1345 — Restricted account; establishment and administration by department of treasury; use; carrying over money to next fiscal year., with citation guidance and answers to common questions.
§ 390.1345. Restricted account; establishment and administration by department of treasury; use; carrying over money to next fiscal year.
(1) The department of treasury shall establish and administer a restricted account in the general fund for the children of veterans tuition grant program. The department of treasury shall credit to the account money appropriated or received from any source, including, but not limited to, amounts appropriated under section 437 of the income tax act of 1967, 1967 PA 281, MCL 206.437, and earnings on the account. The department of treasury shall use the money in the account only to provide money to the authority for tuition grants under this act.
(2) Money in the account described in subsection (1) at the end of a fiscal year shall not revert to the general fund but shall be carried over in the account to the next fiscal year.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 390.1345
What does Michigan Compiled Laws § 390.1345 cover?
Section 390.1345 ("Restricted account; establishment and administration by department of treasury; use; carrying over money to next fiscal year.") 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 § 390.1345?
A common citation format is "Michigan Compiled Laws § 390.1345" (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 § 390.1345 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.