Chapter 129 - PUBLIC FUNDS
- Act 19 of 1934 (1st Ex. Sess.) - BONDS OF PUBLIC OFFICIALS; LIABILITY OF SURETIES (129.51 - 129.51)
- Act 20 of 1943 - INVESTMENT OF SURPLUS FUNDS OF POLITICAL SUBDIVISIONS (129.91 - 129.97a)
- Section 129.91 - Investment of funds of public corporations; eligible depository; secured deposits; funds limitation on acceptable assets; pooling or coordinating funds; written agreements; investment
- Section 129.92 - Repealed. 1997, Act 196, Imd. Eff. Dec. 30, 1997.
- Section 129.93 - Existing investments ratified and validated.
- Section 129.94 - Funds accumulated under eligible deferred compensation plan; deposit; investment; existing investments ratified and validated.
- Section 129.95 - Investment policy; adoption by governing body.
- Section 129.96 - Execution of order to purchase or trade funds of public corporation; providing copy of investment policy; public corporation subject to subsection (1); report.
- Section 129.97 - Long-term or perpetual trust fund; investment of assets; resolution authorizing investment officer same authority as investment fiduciary under MCL 38.1132 to 38.1140m; conditions.
- Section 129.97a - Investment of assets of special revenue fund by investment officer; resolution granting authority; annual special revenue fund report.
- Act 23 of 1934 (1st Ex. Sess.) - INVESTMENT IN BONDS OF HOME OWNERS' LOAN CORPORATION AND OF FEDERAL HOME LOAN BANKS (129.81 - 129.83)
- Act 32 of 1956 - FACSIMILE SIGNATURES (129.101 - 129.101)
- Act 40 of 1932 (1st Ex. Sess.) - DEPOSITORIES FOR PUBLIC MONEYS (129.11 - 129.16)
- Section 129.11 - Public moneys; definition.
- Section 129.12 - Resolution providing for designation and deposit of public money; limitation on acceptable assets; conduct of proceedings; designation of depositories; deposit of funds; liability.
- Section 129.13 - Repealed. 1997, Act 31, Imd. Eff. June 19, 1997.
- Section 129.14 - Deposit or investment of additional funds; limitation.
- Section 129.15 - “Deposit” defined.
- Section 129.16 - “Financial institution” defined; financial institution not maintaining principal or branch office in state; designation and deposit of public money.
- Act 56 of 1962 - BOND CREMATION ACT (129.121 - 129.125)
- Section 129.121 - Short title; bond cremation act.
- Section 129.122 - Bond cremation act; definitions.
- Section 129.123 - Cremation or disintegration of public obligations or interest coupons.
- Section 129.124 - Public bonds and interest coupons; certificate of cremation, contents, filing.
- Section 129.125 - Public bonds and interest coupons; obligations not considered public records.
- Act 70 of 1933 - INVESTMENT OF PUBLIC MONEYS IN U.S. SECURITIES (129.71 - 129.71)
- Act 94 of 1929 - MISAPPROPRIATION OF PUBLIC FUNDS (129.61 - 129.61)
- Act 95 of 1935 - RELIEF FROM LIABILITY FOR FUNDS IN DESIGNATED DEPOSITORY (129.21 - 129.23)
- Act 99 of 1909 - DEPOSITORIES FOR PUBLIC MONEYS (129.31 - 129.40)
- Section 129.31 - Deposit of money, drafts, or checks in designated financial institution; keeping sum on hand in treasurer's office; interest; secured deposits; limitation on acceptable assets.
- Section 129.32 - Notices soliciting sealed bids for deposit of public funds; designation of financial institution; period; rejection of bids; contract with financial institution; bond; surety; drawing
- Section 129.33 - Bond.
- Section 129.34 - Disposition of interest money.
- Section 129.35 - Additional bonds.
- Section 129.36 - Withdrawal of deposits; suspending payment of deposits; liability.
- Section 129.36a - Deposit of additional county funds; limitation.
- Section 129.37 - Board of county auditors; powers and duties.
- Section 129.37a - “Deposit” defined.
- Section 129.38 - County treasurer; accounts with banks.
- Section 129.38a - “Interest” defined.
- Section 129.39 - Violation of act; penalty.
- Section 129.40 - “Financial institution” defined.
- Act 108 of 1909 - <font color=red>Repealed-</font>STATE GENERAL FUND DEFICIT (129.1 - 129.1)
- Act 121 of 1985 - LOCAL GOVERNMENT INVESTMENT POOL ACT (129.141 - 129.150)
- Section 129.141 - Short title.
- Section 129.142 - Definitions.
- Section 129.143 - Contracts between participating county and local units; local government investment pool; management, investment, and reinvestment.
- Section 129.144 - Authorization by resolution.
- Section 129.145 - Written contract required; uniformity and contents of contract; filing and approval of proposed uniform contract; filing copies of and amendments to uniform contract.
- Section 129.146 - Standard of judgment and care.
- Section 129.147 - Separate accounts.
- Section 129.148 - Safekeeping depositories; security.
- Section 129.149 - Default; powers of treasurer.
- Section 129.150 - Orders or warrants; limitation; liability for overdraft.
- Act 213 of 1963 - CONTRACTOR'S BOND FOR PUBLIC BUILDINGS OR WORKS (129.201 - 129.212)
- Section 129.201 - Bonds of principal contractor on public building, work, or improvement; irrevocable letter of credit.
- Section 129.202 - Performance bond; amount; condition; purpose.
- Section 129.203 - Payment bond; amount; purpose.
- Section 129.204 - Bond, surety, obligee.
- Section 129.205 - Filing of bond.
- Section 129.206 - Public works, contractor's bond; definitions.
- Section 129.207 - Enforcement of claims; notice of supplier to principal contractor or governmental unit; payment to subcontractor.
- Section 129.208 - Copies of bonds and contracts; fees.
- Section 129.209 - Venue; statute of limitations.
- Section 129.210 - Application of statute.
- Section 129.211 - Repeal; restriction on other statute.
- Section 129.212 - Act inapplicable to contracts awarded under MCL 280.1 to 280.630.
- Act 226 of 2005 - MICHIGAN TOBACCO SETTLEMENT FINANCE AUTHORITY ACT (129.261 - 129.279)
- Section 129.261 - Short title.
- Section 129.262 - Legislative findings and declaration.
- Section 129.263 - Definitions.
- Section 129.264 - Michigan tobacco settlement finance authority; creation; separate legal entity; issuance of bonds generally.
- Section 129.265 - Authority; duties; administrative functions.
- Section 129.266 - Board of directors; membership; terms; vacancy; compensation; reimbursement; chairperson; quorum; vote; agents and employees; discharge of duties by member, officer, employee, or age
- Section 129.267 - Powers of authority.
- Section 129.268 - Sale of state's tobacco receipts; terms; agreement; refunding, refinancing, and sale of residual interests; purchase price; remedies; approval by resolution adopted by state admi
- Section 129.269 - Obligations.
- Section 129.270 - Creation of authority; purpose as public and governmental; property and income exempt from tax; interest.
- Section 129.271 - Duties of state before payment or discharge of bonds and ancillary facilities.
- Section 129.272 - Effect of bonds issued under act.
- Section 129.273 - Dissolution of authority.
- Section 129.274 - Construction of act.
- Section 129.275 - Availability of funds.
- Section 129.276 - Report.
- Section 129.277 - Appropriation.
- Section 129.278 - Legal jurisdiction.
- Section 129.279 - Severability.
- Act 234 of 2008 - DIVESTMENT FROM TERROR ACT (129.291 - 129.301)
- Section 129.291 - Short title.
- Section 129.292 - Definitions.
- Section 129.293 - Scrutinized companies; identification by fiduciary.
- Section 129.294 - Scrutinized companies; assembly into list; modification; procedure to be adhered to by fiduciary.
- Section 129.295 - Internet website; collection and publication of information.
- Section 129.296 - Exemption from conflicting statutory or common law obligations.
- Section 129.297 - Severability.
- Section 129.298 - Business with Sudan; fiduciary subject to provisions of public employee retirement system investment act.
- Section 129.299 - Business with Iran; fiduciary subject to provisions of public employee retirement system investment act.
- Section 129.300 - Applicability of act; dates; extension.
- Section 129.301 - Divestment of funds; recommendations of department of treasury.
- Act 266 of 1995 - CREDIT CARD TRANSACTIONS (129.241 - 129.247)
- Section 129.241 - Definitions.
- Section 129.242 - Credit card arrangement; use of credit cards.
- Section 129.243 - Adoption of resolution; written policy; provisions.
- Section 129.244 - Total combined authorized credit limit; limitation; payment of balance, annual fee, and interest.
- Section 129.245 - Limiting or suspending authority to issue and use credit cards; issuance of order; hearing.
- Section 129.246 - Validity of credit card arrangement before effective date of act.
- Section 129.247 - Effective date.
- Act 280 of 1995 - FINANCIAL TRANSACTION DEVICE PAYMENTS (129.221 - 129.224)
- Act 321 of 1909 - DEPOSIT AND SAFEGUARDING OF PUBLIC MONEYS OF VILLAGE (129.41 - 129.45)
- Section 129.41 - Public funds of incorporated village; deposit; secured deposits; limitation on acceptable assets; warrants and orders; profits; liability for loss; ordinance or resolution; conduct an
- Section 129.42 - Security for deposit prohibited.
- Section 129.43 - Limitation on deposit of additional public funds.
- Section 129.44 - “Deposit” defined.
- Section 129.45 - “Financial institution” defined.
- Act 354 of 1972 - REPLACING OR PAYING OBLIGATIONS OF PUBLIC CORPORATION (129.131 - 129.135)
- Section 129.131 - Definitions.
- Section 129.132 - Replacement obligations; prerequisites to issuance; exercise of powers by paying agent; resolution; execution; seal.
- Section 129.133 - Replacement obligations; form; security; execution; formal requirements; indorsement.
- Section 129.134 - Replacement of unmatured interest coupons; payment of matured interest coupons.
- Section 129.135 - Repealed. 2000, Act 117, Imd. Eff. May 26, 2000.
- Act 367 of 1982 - SURPLUS FUNDS INVESTMENT POOL ACT (129.111 - 129.118)
- Section 129.111 - Short title.
- Section 129.112 - Definitions.
- Section 129.113 - Placing surplus funds in investment pool; contract with financial institution.
- Section 129.114 - Contract between financial institution and local unit; required provisions.
- Section 129.115 - Maintaining separate account for each participant; monthly statement of transactions; report.
- Section 129.116 - Powers and duties of depository.
- Section 129.117 - Default in payment of principal, interest, or other income; remedies of depository.
- Section 129.118 - Act as additional authority for investment of surplus funds.
- Act 470 of 2002 - AGENCY FINANCING REPORTING ACT (129.171 - 129.177)