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Form a Business

Placing surplus funds in investment pool; contract with financial institution.

MCL 129.113
in effect
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129.113. Placing surplus funds in investment pool; contract with financial institution. Sec. 3. The governing body of a local unit may enter into a contract with a financial institution to place surplus funds in an investment pool. 1982, Act 367, Eff. Mar. 30, 1983
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-129-113Fetched: 10/20/2026

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