State Codes and Statutes
Statutes > Michigan > Chapter-555 > Act-174-of-1941 > Section-555-105COLLECTIVE INVESTMENT FUNDS ACT (EXCERPT)
Act 174 of 1941
555.105 Common trust funds; funds investment.
Sec. 5.
A financial institution may invest and reinvest the assets of a fund in accordance with the plan for that fund.
History: 1941, Act 174, Eff. Jan. 10, 1942 ;-- CL 1948, 555.105 ;-- Am. 2004, Act 586, Imd. Eff. Jan. 4, 2005
Popular Name: Common Trust Fund Act
