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    • Legislation USA
    • Michigan Compiled Laws
    • Chapter 129 - Public Funds
    • Act 40 of 1932 (1st Ex. Sess.) - Depositories for Public Moneys (129.11 - 129.16)

    Michigan Compiled Laws
    Chapter 129 - Public Funds
    Act 40 of 1932 (1st Ex. Sess.) - Depositories for Public Moneys (129.11 - 129.16)

    Section 129.11 - Public Money; Definition. - Sec. 1. Except as otherwise provided by law, money collected...

    Section 129.12 - Resolution Providing for Designation and Deposit of Public Money; Financial Institution Requirements; Limitation on Acceptable Assets; Conduct of Proceedings; Designation of Depositories; Deposit of Funds; Liability. - Sec. 2. (1) The governing body of a local public...

    Section 129.13 - Repealed. 1997, Act 31, Imd. Eff. June 19, 1997. - Compiler's Notes: The repealed section pertained to prohibited security.

    Section 129.14 - Deposit or Investment of Additional Money; Cash Control Ledger; Limitation. - Sec. 4. (1) Notwithstanding section 2, additional money collected or...

    Section 129.15 - Repealed. 2018, Act 462, Eff. Mar. 29, 2019. - Compiler's Notes: The repealed section pertained to definition of deposit.

    Section 129.16 - Definitions. - Sec. 6. As used in this act: (a) "Deposit" includes...

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