Mich. Comp. Laws § 38.1216
Current through Public Act 156 of the 2024 Legislative Session
The investment fiduciary shall have an actuarial review of the fund or trust prepared at least every 5 years with assets valued on a market related basis. The investment fiduciary shall prepare and issue a summary annual report to the legislative body of the public corporation that established the fund or trust.
MCL 38.1216