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Act As Additional Authority For Investment Of Surplus Funds - Mich. Comp. Laws Section 129.118

Legal Research Home > Michigan Lawyer > Public Funds > Act As Additional Authority For Investment Of Surplus Funds - Mich. Comp. Laws Section 129.118

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

129.118 Act as additional authority for investment of surplus funds.

Sec. 8.

This act shall be considered to provide authority for the investment of surplus funds of a local unit in addition to the authority granted under Act No. 20 of the Public Acts of 1943, as amended, being sections 129.91 to 129.93 of the Michigan Compiled Laws.

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

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Last modified: January 1, 2008