For AI agents: read the machine-readable documentation index at /llms.txt or the single-file full reference at /llms-full.txt.
Form a Business

Unauthorized investments prohibited.

MCL 15.424
in effect
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15.424. Unauthorized investments prohibited. Sec. 4. This act does not authorize a local unit or this state to make investments not otherwise authorized by law. 1996, Act 427, Imd. Eff. Nov. 25, 1996
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-15-424Fetched: 10/20/2026

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