Section 324.44104 Game and Fish Lifetime License Trust Fund; Creation; Purpose; Crediting Money Received; Investment of Trust Fund.

MI Comp L § 324.44104 (2019) (N/A)

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Sec. 44104.

(1) The game and fish lifetime license trust fund is created within the state treasury for the benefit of the people of this state to assist in providing adequate long-term funding for the game and fish protection account of the Michigan conservation and recreation legacy fund provided for in section 2010.

(2) The state treasurer shall credit money received from the sale of lifetime hunting and fishing licenses under this part to the trust fund.

(3) The state treasurer shall invest the trust fund in the same manner as surplus funds are invested.

History: Add. 1995, Act 57, Imd. Eff. May 24, 1995 ;-- Am. 2004, Act 587, Eff. Dec. 23, 2006 Compiler's Notes: Enacting section 2 of Act 587 of 2004 provides:"Enacting section 2. This amendatory act does not take effect unless House Joint Resolution Z of the 92nd Legislature becomes a part of the state constitution of 1963 as provided in section 1 of article XII of the state constitution of 1963."Popular Name: Act 451Popular Name: NREPA

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Section 324.44103 Submission of Application and Fee; Contents of Application; Notice of Change in Name or Address; Purchase of Lifetime License for Another Person; Issuance of Certificate; Minor Child; Eligibility of Holder of Certificate to Hunt or Fish; Review of Application; Mailing License; Denial of Application; Retention of Certain Amounts; Tender of Money and Information; Report; Return of Information, Unsold License, and Money to Department; Replacement Lifetime License; Forwarding Proceeds to State Treasurer.

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Section 324.44105 Maintenance and Investment of Corpus, Interest, and Earnings of Trust Fund; Crediting Certain Amount to Game and Fish Protection Account.