Contribution fund; administrative account, establishment, deposits.

Mich. Comp. Laws § 38.864, under SOCIAL SECURITY FOR PUBLIC EMPLOYEES.

Mich. Comp. Laws § 38.864

Sec. 14. There shall be established within the contribution fund a separate account to be known as the administrative account. This account shall consist of, and there shall be deposited therein, all moneys received under sections 9 and 18. All moneys received in the administrative account shall be mingled and undivided.