Michigan Compiled Laws
Chapter 129 - Public Funds
Act 121 of 1985 - Local Government Investment Pool Act (129.141 - 129.150)

Section 129.141 - Short Title. - Sec. 1. This act shall be known and may be...

Section 129.142 - Definitions. - Sec. 2. As used in this act: (a) “Governing body”...

Section 129.143 - Contracts Between Participating County and Local Units; Local Government Investment Pool; Management, Investment, and Reinvestment. - Sec. 3. (1) A participating county may contract to accept...

Section 129.144 - Authorization by Resolution. - Sec. 4. (1) A county treasurer shall not enter into...

Section 129.145 - Written Contract Required; Uniformity and Contents of Contract; Filing and Approval of Proposed Uniform Contract; Filing Copies of and Amendments to Uniform Contract. - Sec. 5. (1) Until the participating county treasurer and the...

Section 129.146 - Standard of Judgment and Care. - Sec. 6. The treasurer of a participating county shall invest...

Section 129.147 - Separate Accounts. - Sec. 7. The treasurer of a participating county shall maintain...

Section 129.148 - Safekeeping Depositories; Security. - Sec. 8. (1) The treasurer of a participating county may...

Section 129.149 - Default; Powers of Treasurer. - Sec. 9. If a default occurs in the payment of...

Section 129.150 - Orders or Warrants; Limitation; Liability for Overdraft. - Sec. 10. An order or warrant shall not be issued...