Mich. Comp. Laws § 129.43

Current through Public Act 39 of the 2024 Legislative Session

Section 129.43 - Limitation on deposit of additional public funds

Notwithstanding section 1(1), additional public funds of an incorporated village shall not be deposited in a financial institution which is not eligible to be a depository of surplus funds belonging to this state under section 6 of 1855 PA 105, MCL 21.146.

MCL 129.43

Add. 1979, Act 77, Imd. Eff. 8/1/1979 ;--Am. 1997, Act 45, Imd. Eff. 6/30/1997.