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2007 Senate Bill 368: Require notarized signature for large county fund transfers
Public Act 211 of 2007
Introduced by Sen. Tony Stamas R- on March 22, 2007
To require notarized signatures from either the county treasurer, county board chair, or county clerk on an order authorizing the transfer of more than $10,000 from any county fund or account. Official Text and Analysis.
Referred to the Senate Local, Urban, & State Affairs Committee on March 22, 2007
Reported in the Senate on October 18, 2007
With the recommendation that the substitute (S-1) be adopted and that the bill then pass.
Substitute offered in the Senate on October 24, 2007
To replace the previous version of the bill with one that instead imposes new bonding requirements for county treasurers.
The substitute passed by voice vote in the Senate on October 24, 2007
To require counties to cover the county treasurer with a surety bond or blanket bond of at least $1.0 million
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Received in the House on October 30, 2007
Referred to the House Intergovernmental, Urban And Regional Affairs Committee on October 30, 2007
To require counties to cover the county treasurer with a surety bond or blanket bond of at least $1.0 million .
Signed by Gov. Jennifer Granholm on December 27, 2007