State Codes and Statutes

Statutes > Michigan > Chapter-129 > Act-367-of-1982

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.

State Codes and Statutes

Statutes > Michigan > Chapter-129 > Act-367-of-1982

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.