Michigan Compiled Laws § 141.2411 Money Deposited In Special Fund; Use.

141.2411 Money deposited in special fund; use.

Sec. 411.

The money in each special fund required by this part shall be deposited in a bank account separate from any other money of the municipality and shall be used for no purpose other than to retire the municipal security for which the special fund was established.

History: 2001, Act 34, Eff. Mar. 1, 2002

Section: Previous  141.2401  141.2403  141.2405  141.2407  141.2409  141.2411  141.2413  141.2415    Next

Last modified: October 10, 2016