MCL - Section 129.117

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


129.117 Default in payment of principal, interest, or other income; remedies of depository.

Sec. 7.

     If a default occurs in the payment of principal, interest, or other income of an investment pool, the depository shall pursue all remedies available to it at law or in equity.


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