R 393.20
R 393.20 Vending machine income; disbursement; use.
Cite as Mich. Admin. Code R 393.20
Rule 20. (1) Income from vending machines on federal properties that is not
assigned to a licensee may be used for the establishment and maintenance of retirement
or pension plans, for health insurance contributions, and for paid sick leave and vacation
time for licensees in the state program, if determined by a majority vote of the
licensees. Vending machine income from federal properties that is not necessary for the
purposes of this subrule shall be placed in the set-aside funds and designated as
unassigned vending machine income.
(2) Upon receiving supporting documentation of a loss, income from unassigned
vending machines on state and other properties may be utilized for the purpose of
insuring a licensee's loss in merchandise due to theft or equipment failure. Vending
machine income from state and other properties that is not necessary to insure a licensee's
loss shall be placed in the set-aside fund and designated as unassigned vending machine
income.