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Authorization By Resolution - Mich. Comp. Laws Section 129.144Legal Research Home > Michigan Lawyer > Public Funds > Authorization By Resolution - Mich. Comp. Laws Section 129.144 Act 121 of 1985 129.144 Authorization by resolution.
Sec. 4. (1) A county treasurer shall not enter into a contract with a local unit for deposit of money in an investment pool until authorized to establish an investment pool by a resolution of the county board of commissioners of that participating county. (2) The treasurer or other chief fiscal officer of a local unit shall not enter into a contract for deposit of money in an investment pool until authorized by a resolution of the governing body of that local unit.
Last modified: January 1, 2008 |