Section 35.1057 - Dissolution of commission; disposition and use of balance remaining in monument fund.
MICHIGAN VIETNAM VETERANS MEMORIAL ACT (EXCERPT)
Act 234 of 1988
35.1057 Dissolution of commission; disposition and use of balance remaining in monument fund.
Sec. 7.
(1) After the completion of the construction of the Vietnam veterans memorial monument pursuant to section 5 and payment of all amounts due in connection with the construction of the monument, the commission is dissolved.
(2) After the construction of the Vietnam veterans memorial monument under section 5 and the construction of the veterans memorial park under section 5a, any amount remaining in the monument fund shall remain in the monument fund.
(3) After the construction of the Vietnam veterans memorial monument under section 5 and the construction of the veterans memorial park under section 5a, the department of management and budget shall expend money from the fund, upon appropriation, only to maintain the Vietnam veterans memorial monument and the veterans memorial park.
(4) The state treasurer shall credit the money received from the secretary of state pursuant to section 217d(12) of the Michigan vehicle code, 1949 PA 300, MCL 257.217d, to the monument fund.
(5) Money in the monument fund at the close of the fiscal year shall remain in the fund and not lapse to the general fund.
History: 1988, Act 234, Imd. Eff. July 8, 1988 ;-- Am. 1992, Act 121, Eff. July 9, 1992 ;-- Am. 2002, Act 637, Imd. Eff. Dec. 23, 2002