MCL - Index of Act 367 of 1982
NOTE: Dates reflect any modification to item, not necessarily a change in law.
| Title | Subject |
|---|---|
| Act 367 of 1982 | SURPLUS FUNDS INVESTMENT POOL ACT (129.111-129.118) |
| Section 129.111 | Short title. |
| Section 129.112 | Definitions. |
| Section 129.113 | Placing surplus funds in investment pool; contract with financial institution. |
| Section 129.114 | Contract between financial institution and local unit; required provisions. |
| Section 129.115 | Maintaining separate account for each participant; monthly statement of transactions; report. |
| Section 129.116 | Powers and duties of depository. |
| Section 129.117 | Default in payment of principal, interest, or other income; remedies of depository. |
| Section 129.118 | Act as additional authority for investment of surplus funds. |