Mich. Comp. Laws § 38.704

Current through Public Act 156 of the 2024 Legislative Session
Section 38.704 - Annual assessment for retirement allowance

When a system for retiring allowances has been agreed upon by the local legislative body and the library board and formally adopted by the former, then it shall be the duty of said local legislative body to raise by taxation each year, the sum found necessary to produce the retiring allowance fund required by the system adopted.

MCL 38.704

1927, Act 339, Imd. Eff. 6/1/1927 ;--CL 1929, 8112 ;--CL 1948, 38.704.