Michigan Laws 38.2739 – Written trust agreement; contents
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The written trust agreement for each retirement system shall contain all of the following provisions consistent with this act:
(a) Recitals describing the creation and purpose of the trust.
(b) Language reflecting the requirements of section 4 through 7.
(c) Sections outlining the management and operation of the trust.
(d) A description of the various accounts that carry out the functions of the trust.
(e) Provisions setting forth the powers and duties of the trustees.