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Form a Business

Corporate guardians; common trust fund investments permitted.

MCL 35.82i
in effect
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35.82i. Corporate guardians; common trust fund investments permitted. Sec. 12i. Any trust company or bank with trust powers acting as a guardian pursuant to this act and organized under the laws of this state or of the United States may invest in a common trust fund, containing only investments authorized for fiduciaries, established and maintained by the corporate fiduciary in conformity with the laws of this state or of the United States. Add. 1969, Act 64, Imd. Eff. July 21, 1969 [Compiler] This section evidently was intended to be incorporated into MCL 35.82 as subdivision (i).
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-35-82iFetched: 10/20/2026

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