2006 Michigan Compiled Laws - Mich. Comp. Laws § 129.71 Investment of public moneys received by county treasurer and board of county road commissioners.

INVESTMENT OF PUBLIC MONEYS IN U.S. SECURITIES (EXCERPT)
Act 70 of 1933


129.71 Investment of public moneys received by county treasurer and board of county road commissioners.

Sec. 1.

The board of supervisors of any county, or the board of county auditors in those counties having a board of county auditors, is hereby authorized to invest public moneys received by the county treasurers of their respective counties, in interest bearing bonds, notes or other securities of the United States government; and the board of county road commissioners of any county is hereby authorized to so invest moneys deposited to the credit of the county road fund.


History: 1933, Act 70, Imd. Eff. May 5, 1933 ;-- CL 1948, 129.71 ;-- Am. 1956, Act 18, Imd. Eff. Mar. 22, 1956



Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.