Mich. Comp. Laws » Michigan Compiled Laws / Chapter 390 / Act 316 of 1986
Michigan Compiled Laws

Mich. Comp. Laws § 390.1425 (2026)

Michigan education trust; creation; exercise of powers, duties, and functions.

✓ current as of July 2026
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MICHIGAN EDUCATION TRUST ACT


Act 316 of 1986


390.1425 Michigan education trust; creation; exercise of powers, duties, and functions.

Sec. 5.

    (1) There is created a public body corporate and politic to be known as the Michigan education trust. The trust shall be within the department of treasury, but shall exercise its prescribed statutory powers, duties, and functions independently of the head of that department.

    (2) The purposes, powers, and duties of the Michigan education trust are vested in and shall be exercised by a board of directors.

History: 1986, Act 316, Imd. Eff. Dec. 23, 1986

Notes of Decisions
Cited in 1 case, 1995–1995 · leading case: State of Michigan & Michigan Educ. Trust v. United States, 40 F.3d 817 (6th Cir. 1995).
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State of Michigan & Michigan Educ. Trust v. United States, 40 F.3d 817 (6th Cir. 1995). “See Mich.Comp.Laws Ann. § 390.1425(1) (“The trust shall be within the department of treasury, but shall exercise its prescribed statutory powers, duties, and functions independently of the head of that department.”
— Mich. Comp. Laws § 390.1425(1) — 1 case
State of Michigan & Michigan Educ. Trust v. United States, 40 F.3d 817 (6th Cir. 1995). “See Mich.Comp.Laws Ann. § 390.1425(1) (“The trust shall be within the department of treasury, but shall exercise its prescribed statutory powers, duties, and functions independently of the head of that department.”
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