Section 129.34 - Disposition of interest money.
DEPOSITORIES FOR PUBLIC MONEYS (EXCERPT)
Act 99 of 1909
129.34 Disposition of interest money.
Act 99 of 1909
129.34 Disposition of interest money.
Sec. 4.
The interest money paid by a financial institution on the deposits of a county shall be credited to and form a part of the general fund of the county.
History: 1909, Act 99, Eff. Sept. 1, 1909 ;-- CL 1915, 2379 ;-- CL 1929, 1196 ;-- CL 1948, 129.34 ;-- Am. 1979, Act 86, Imd. Eff. Aug. 1, 1979 ;-- Am. 1997, Act 43, Imd. Eff. June 30, 1997