Michigan Compiled Laws Act 427 Of 1996 Good Government Financial Report Disclosure Act (15.421 - 15.425)

• Section 15.421 Short Title.
  This act shall be known and may be cited as the “good government financial report disclosure act”. History: 1996, Act 427, Imd. Eff. Nov....
• Section 15.422 Definitions.
  As used in this act: (a) “Derivative instrument or product” means either of the following: (i) A contract or convertible security that changes in...
• Section 15.423 Availability Of Financial Report Pertaining To Local Unit Or State Department, Institution, Or Office.
  A local unit or a state department, institution, or office shall obtain and retain a copy of any financial report pertaining to that local...
• Section 15.424 Unauthorized Investments Prohibited.
  This act does not authorize a local unit or this state to make investments not otherwise authorized by law. History: 1996, Act 427, Imd....
• Section 15.425 Exceptions.
  Investments of defined contribution plans and deferred compensation plans that are chosen by the employee participating in the plan shall not be made available...

Last modified: October 10, 2016