Michigan Compiled Laws
Chapter 129 - Public Funds
Act 321 of 1909 - Deposit and Safeguarding of Public Moneys of Village (129.41 - 129.45)

Section 129.41 - Public Funds of Incorporated Village; Deposit; Secured Deposits; Limitation on Acceptable Assets; Warrants and Orders; Profits; Liability for Loss; Ordinance or Resolution; Conduct and Inspection of Proceedings; Accrual of Profits to... - Sec. 1. (1) The legislative body of an incorporated village...

Section 129.42 - Security for Deposit Prohibited. - Sec. 2. Security in the form of collateral, surety bonds,...

Section 129.43 - Limitation on Deposit of Additional Public Funds. - Sec. 3. Notwithstanding section 1(1), additional public funds of an...

Section 129.44 - “Deposit” Defined. - Sec. 4. As used in this act, “deposit” includes the...

Section 129.45 - “Financial Institution” Defined. - Sec. 5. As used in this act, “financial institution” means...