Mich. Comp. Laws § 432.43

Current through Public Act 122 of the 2024 Legislative Session
Section 432.43 - Appropriation of money in state lottery fund

Subject to section 41(1), the money in the state lottery fund is appropriated only for the payment of prizes to the holders of winning state lottery tickets or shares, for the payment pursuant to section 32 of the liabilities to this state of holders of winning state lottery tickets or shares, for reasonable expenses of the bureau in its operation of the state lottery, for deposit in the compulsive gaming prevention fund as provided in section 41(4), and for deposit in the state school aid fund as provided in section 41(3).

MCL 432.43

1972, Act 239, Imd. Eff. 8/1/1972 ;--Am. 1981, Act 40, Imd. Eff. 5/13/1981 ;--Am. 1987, Act 55, Imd. Eff. 6/22/1987 ;--Am. 1996, Act 95, Eff. 3/31/1998 ;--Am. 1996, Act 167, Imd. Eff. 4/17/1996 ;--Am. 1997, Act 72, Imd. Eff. 7/17/1997 .