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Form a Business

Authorization by resolution.

MCL 129.144
in effect
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129.144. Authorization by resolution. Sec. 4. (1) A county treasurer shall not enter into a contract with a local unit for deposit of money in an investment pool until authorized to establish an investment pool by a resolution of the county board of commissioners of that participating county. (2) The treasurer or other chief fiscal officer of a local unit shall not enter into a contract for deposit of money in an investment pool until authorized by a resolution of the governing body of that local unit. 1985, Act 121, Imd. Eff. July 31, 1985
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-129-144Fetched: 10/20/2026

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