Act 314 definition

Act 314 means the Public Employee Retirement System Investment Act, 1965 PA 314, as amended, MCL 38.1132 et seq.
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Act 314 means Michigan Public Act 314 of 1965, as amended (M.C.L. § 38.1132 et
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Act 314 means Michigan Public Act 314 of 1965, as amended (M.C.L. § 38.1132 et seq.) "Anything of value" includes anything of monetary value, including but not limited to,
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Examples of Act 314 in a sentence

  • Section 20h(4) of Act 314 [MCL 38.1140h(4)], requires the Retirement System to have an actuarial valuation performed annually as follows: Except as otherwise provided in this subsection, a system shall have an annual actuarial valuation with assets valued on a market-related basis.

  • Sections 1 to 8 of chapter 300, and section 465 of the compiled laws of 1897, referred to in this section, were superseded by Act 314 of 1915, which was subsequently repealed by Act 236 of 1961.

  • July 1, 1947;⎯CL 1948, 557.206.Compiler's note: Act 314 of 1915, referred to in this section, was repealed by Act 236 of 1961.This act was repealed by MCL 557.251, subject to the saving provisions contained in MCL 557.252 et seq.

  • Long-term or perpetual trust funds consisting of money and royalties or money derived from oil and gas exploration on property or mineral rights owned by the Department has the same authority to invest the assets as is authorized by Public Act 314, as amended.

  • A level percent of payroll amortization method shall be used to systematically pay off the UAAL over a closed amortization period not to exceed 30 years as required under Section 20m of Act 314 (MCL § 38.1140m).

  • June 1, 2020.Former law: See section 6 of Ch. 64 of Act 314 of 1915.711.2 Fee; certified copy of order.Sec.

  • May 24,2000.Former law: See section 6 of Ch. 64 of Act 314 of 1915.711.2 Fee; certified copy of order.Sec.

  • Investment Managers must comply with state laws – including, Public Act 314 and the Divestment from Terror Act, 2008 Public Act 234 (“Public Act 234”) – prohibiting the Board from investing public monies in companies engaged in active business operations in countries designated as a state sponsor of terror by the United States Department of State.

  • All Investment Managers shall comply with reporting requirements imposed by Public Act 314 or through IMAs and side letters.

  • The BOI fulfills this directive by following and adhering to ethical guidelines established by the following sources: Public Act 314; Standard of Conduct for Public Officers and Employees; Michigan Civil Service Rules; CFA Institute Code of Ethics and Standards of Professional Conduct; and the BOI Prohibition of Insider Trading Policy.


More Definitions of Act 314

Act 314 means Michigan Public Act 314 of 1965, as amended (M.C.L. § 38.1132 et seq.) "Anything of value" includes anything of monetary value, including but not limited to,money, loans, gifts, food or beverages, social event tickets and expenses, travel expenses, golfoutings, consulting fees, compensation, or employment.
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Related to Act 314

  • Environmental Protection Agency or “EPA” means the United States Environmental Protection Agency.

  • Information system means a discrete set of information resources organized for the collection, processing, maintenance, use, sharing, dissemination, or disposition of information (44 U.S.C. 3502).

  • Governmental function means an activity that is expressly or impliedly mandated or authorized by constitution, statute, local charter or ordinance, or other law. Governmental function includes an activity performed on public or private property by a sworn law enforcement officer within the scope of the law enforcement officer's authority, as directed or assigned by his or her public employer for the purpose of public safety.

  • health and safety file means a file, or other record containing the information in writing required by these Regulations "health and safety plan" means a site, activity or project specific documented plan in accordance with the client's health and safety specification;

  • Health and Human Services Commission or “HHSC” means the administrative agency established under Chapter 531, Texas Government Code, or its designee.