MICHIGAN EDUCATION SAVINGS PROGRAM ACT
- Section 390.1471 - Short title
- Section 390.1472 - Definitions
- Section 390.1473 - Michigan education savings program; establishment; soliciting proposals; duties and powers vested in treasurer; administration of program; funds trustee; personnel and services; selection of program manager; contract
- Section 390.1474 - Management contract; supervision by treasurer
- Section 390.1475 - Management contract; term; termination
- Section 390.1476 - Contracts
- Section 390.1477 - Education savings accounts; establishment; purpose; agreement; form of contribution; withdrawal; distributions; penalty; separate accounting for each beneficiary
- Section 390.1478 - Account owner or beneficiary; changes; transfer
- Section 390.1479 - Account owner or beneficiary; direction of contributions or earnings; selection of investment strategy; contributions by board members or employees; use of interest; restriction
- Section 390.1480 - Maximum account balance limit; limitation; rejection of contribution to designated beneficiary account; total balance of all accounts
- Section 390.1481 - Account distributions; report to internal revenue service and account owner; statements
- Section 390.1482 - Disclosure of information
- Section 390.1483 - Construction or interpretation of act and agreement
- Section 390.1484 - Obligation upon state, agency, or instrumentality of state
- Section 390.1485 - Annual report
- Section 390.1486 - Contributions and interest earned as tax exempt; withdrawals as taxable