Legal Research Home > Michigan Lawyer > Public Funds > Default In Payment Of Principal, Interest, Or Other Income; Remedies Of Depository - Mich. Comp. Laws Section 129.117

SURPLUS FUNDS INVESTMENT POOL ACT (EXCERPT)
Act 367 of 1982

129.117 Default in payment of principal, interest, or other income; remedies of depository.

Sec. 7.

If a default occurs in the payment of principal, interest, or other income of an investment pool, the depository shall pursue all remedies available to it at law or in equity.

History: 1982, Act 367, Eff. Mar. 30, 1983

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Last modified: January 1, 2008