Terms Used In Michigan Laws 54.271

  • Department: means the department of licensing and regulatory affairs. See Michigan Laws 54.262
  • Fiscal year: The fiscal year is the accounting period for the government. For the federal government, this begins on October 1 and ends on September 30. The fiscal year is designated by the calendar year in which it ends; for example, fiscal year 2006 begins on October 1, 2005 and ends on September 30, 2006.
  • Fund: means the state survey and remonumentation fund created in section 11. See Michigan Laws 54.262
  • Remonumentation: means all land surveying activities performed by a surveyor to perpetuate a previously monumented original public land survey corner, protracted public land survey corner, or property controlling corner as provided in this act. See Michigan Laws 54.262
  • state: when applied to the different parts of the United States, shall be construed to extend to and include the District of Columbia and the several territories belonging to the United States; and the words "United States" shall be construed to include the district and territories. See Michigan Laws 8.3o
  (1) The state survey and remonumentation fund is created in the state treasury as a separate fund. The fund shall be administered by the department.
  (2) Money deposited in the fund, and all interest and earnings generated by the fund, shall not lapse at the end of a fiscal year, but shall remain in the fund to be expended as provided in this act.
  (3) The fund may accept money received as gifts or donations, or money received from individuals or corporations to be used for purposes of this act.
  (4) The department may direct the department of treasury to establish restricted subaccounts within the fund as necessary to administer the fund.

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