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513 of 2006 - Individual or Family Development Account Program Act (206.901 - 206.911)
Law
Michigan Compiled Laws
Income Tax Act of 1967
513 of 2006 - Individual or Family Development Account Program Act (206.901 - 206.911)
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Section
206.901
Short Title.
Section
206.902
Definitions.
Section
206.903
Individual or Family Development Account; Establishment; Purpose; Policies and Procedures; Approving and Reviewing Qualifications of Fiduciary Organizations and Program Sites; Factors; Implementation of Programs.
Section
206.904
Eligibility; Approval or Rejection of Applicant by Program Site; Limitation on Number of Accounts; Duties of Individual; Establishment of Account; Purposes; Signatures for Withdrawals.
Section
206.905
Participant Savings Plan Agreement; Matching Funds; Distributions; Manner.
Section
206.906
Withdrawal Matched by Program Site; Contingent Beneficiary; Financial Institution Not Responsible for Verification.
Section
206.907
206.908 - Repealed. 2011, Act 38, Eff. Jan. 1, 2012.
Section
206.909
Administration of Individual or Family Development Account Program by Fiduciary Organization; Report.
Section
206.910
Rules.
Section
206.911
Effective Date.