Corporate Guardians; Common Trust Fund Investments Permitted - Mich. Comp. Laws Section 35.82i
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35.82i Corporate guardians; common trust fund investments permitted.
Sec. 12i.
Any trust company or bank with trust powers acting as a guardian pursuant to this act and organized under the laws of this state or of the United States may invest in a common trust fund, containing only investments authorized for fiduciaries, established and maintained by the corporate fiduciary in conformity with the laws of this state or of the United States.
History: Add. 1969, Act 64, Imd. Eff. July 21, 1969
Compiler's Notes: This section evidently was intended to be incorporated into MCL 35.82 as subdivision (i).
Section: 35.76 35.77 35.78 35.79 35.80 35.81 35.82 35.82i 35.83 35.84 35.85 35.85a 35.86 35.86a 35.87
Last modified: March 17, 2013
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