367 of 1982 - Surplus Funds Investment Pool Act (129.111 - 129.118)

  1. Law
  2. Michigan Compiled Laws
  3. Public Funds
  4. 367 of 1982 - Surplus Funds Investment Pool Act (129.111 - 129.118)

Checkout our iOS App for a better way to browser and research.

Section
129.111

Short Title.

Section
129.112

Definitions.

Section
129.113

Placing Surplus Funds in Investment Pool; Contract With Financial Institution.

Section
129.114

Contract Between Financial Institution and Local Unit; Required Provisions.

Section
129.115

Maintaining Separate Account for Each Participant; Monthly Statement of Transactions; Report.

Section
129.116

Powers and Duties of Depository.

Section
129.117

Default in Payment of Principal, Interest, or Other Income; Remedies of Depository.

Section
129.118

Act as Additional Authority for Investment of Surplus Funds.