Michigan Compiled Laws § 129.113 Placing Surplus Funds In Investment Pool; Contract With Financial Institution.


129.113 Placing surplus funds in investment pool; contract with financial institution.

Sec. 3.

The governing body of a local unit may enter into a contract with a financial institution to place surplus funds in an investment pool.


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


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Last modified: October 10, 2016