There is a newer version of the Michigan Compiled Laws
2006 Michigan Compiled Laws - Act 40 of 1932 (1st Ex. Sess.)
| AN ACT to provide for the designation of depositories for public moneys; to prescribe the effect thereof on the liability for such deposits; to suspend the requirement of surety bonds from depositories of public moneys; and to repeal all acts and parts of acts inconsistent with the provisions of this act.
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| Document | Description |
| Section 129.11 | Public moneys; definition. |
| Section 129.12 | Resolution providing for designation and deposit of public money; limitation on acceptable assets; conduct of proceedings; designation of depositories; deposit of funds; liability. |
| Section 129.13 | Repealed. 1997, Act 31, Imd. Eff. June 19, 1997. |
| Section 129.14 | Deposit or investment of additional funds; limitation. |
| Section 129.15 | "Deposit" defined. |
| Section 129.16 | "Financial institution" defined; financial institution not maintaining principal or branch office in state; designation and deposit of public money. |
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