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Existing Investments Ratified and Validated - Mich. Comp. Laws Section 129.93

Legal Research Home > Michigan Laws > Public Funds > Existing Investments Ratified and Validated - Mich. Comp. Laws Section 129.93

129.93 Existing investments ratified and validated.

Sec. 3.

Investments made before the effective date of the amendatory act that repealed section 2 of the surplus funds, sinking funds, or insurance funds of a political subdivision of this state in bonds and other obligations of the United States or its instrumentalities or certificates of deposit or depository receipts of a bank that is a member of the federal deposit insurance corporation as provided under section 1 and former section 2 of this act are hereby ratified and validated.

History: 1943, Act 20, Imd. Eff. Mar. 13, 1943 ;-- CL 1948, 129.93 ;-- Am. 1964, Act 126, Eff. Aug. 28, 1964 ;-- Am. 1997, Act 196, Imd. Eff. Dec. 30, 1997

Section: Previous 129.51 129.61 129.71 129.81 129.82 129.83 129.91 129.93 129.94 129.95 129.96 129.97 129.97a 129.101 129.111 Next

Last modified: March 17, 2013