Michigan § 432.204b - Appropriation; reimbursement; credit against annual assessment.
Full text of Michigan Michigan Compiled Laws § 432.204b — Appropriation; reimbursement; credit against annual assessment., with citation guidance and answers to common questions.
§ 432.204b. Appropriation; reimbursement; credit against annual assessment.
There is appropriated for the fiscal year ending September 30, 1997, $5,000,000.00 for the purpose of funding the operations of the board. The $5,000,000.00 appropriation shall be reimbursed in equal shares by each of the 3 casino licensees licensed under this act. In no event shall the casino's share exceed 1/3 of the total amount required under this subsection. The amount owing from each licensee shall be paid to the state treasurer and deposited into the state casino gaming fund no later than the first day on which each casino opens for operation.
The amount a casino licensee reimburses the state under this section shall be credited against the annual assessment made under section 12a.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 432.204b
What does Michigan Compiled Laws § 432.204b cover?
Section 432.204b ("Appropriation; reimbursement; credit against annual assessment.") 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 § 432.204b?
A common citation format is "Michigan Compiled Laws § 432.204b" (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 § 432.204b 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.