State Codes and Statutes

Statutes > Michigan > Chapter-15 > Act-427-of-1996 > Section-15-424

GOOD GOVERNMENT FINANCIAL REPORT DISCLOSURE ACT (EXCERPT)
Act 427 of 1996

15.424 Unauthorized investments prohibited.

Sec. 4.

This act does not authorize a local unit or this state to make investments not otherwise authorized by law.


History: 1996, Act 427, Imd. Eff. Nov. 25, 1996

State Codes and Statutes

Statutes > Michigan > Chapter-15 > Act-427-of-1996 > Section-15-424

GOOD GOVERNMENT FINANCIAL REPORT DISCLOSURE ACT (EXCERPT)
Act 427 of 1996

15.424 Unauthorized investments prohibited.

Sec. 4.

This act does not authorize a local unit or this state to make investments not otherwise authorized by law.


History: 1996, Act 427, Imd. Eff. Nov. 25, 1996


State Codes and Statutes

State Codes and Statutes

Statutes > Michigan > Chapter-15 > Act-427-of-1996 > Section-15-424

GOOD GOVERNMENT FINANCIAL REPORT DISCLOSURE ACT (EXCERPT)
Act 427 of 1996

15.424 Unauthorized investments prohibited.

Sec. 4.

This act does not authorize a local unit or this state to make investments not otherwise authorized by law.


History: 1996, Act 427, Imd. Eff. Nov. 25, 1996