Sec. 7.
The treasurer of a participating county shall maintain a separate account designated by name and number for each participant. Each account shall show the deposits, earnings, and withdrawals of the participant.
History: 1985, Act 121, Imd. Eff. July 31, 1985
Structure Michigan Compiled Laws
Act 121 of 1985 - Local Government Investment Pool Act (129.141 - 129.150)
Section 129.141 - Short Title.
Section 129.142 - Definitions.
Section 129.144 - Authorization by Resolution.
Section 129.146 - Standard of Judgment and Care.
Section 129.147 - Separate Accounts.
Section 129.148 - Safekeeping Depositories; Security.
Section 129.149 - Default; Powers of Treasurer.
Section 129.150 - Orders or Warrants; Limitation; Liability for Overdraft.