MCL - Section 129.113

SURPLUS FUNDS INVESTMENT POOL ACT (EXCERPT)
Act 367 of 1982


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.


History: 1982, Act 367, Eff. Mar. 30, 1983