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.
|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|Section 129.13||Repealed. 1997, Act 31, Imd.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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