Sec. 17327.
(1) The electronic waste recycling fund is created within the state treasury.
(2) The state treasurer may receive money or other assets from any source for deposit into the fund. The state treasurer shall direct the investment of the fund. The state treasurer shall credit to the fund interest and earnings from fund investments.
(3) Money in the fund at the close of the fiscal year shall remain in the fund and shall not lapse to the general fund.
(4) The department of environmental quality shall be the administrator of the fund for auditing purposes.
(5) Money from the fund shall be expended, upon appropriation, for the administrative expenses of the department in implementing this part.
History: Add. 2008, Act 394, Imd. Eff. Dec. 29, 2008 Popular Name: Act 451Popular Name: NREPA
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