2006 Michigan Compiled Laws - Mich. Comp. Laws § 15.424 Unauthorized investments prohibited.

GOOD GOVERNMENT FINANCIAL REPORT DISCLOSURE ACT (EXCERPT)
Act 427 of 1996

15.424 Unauthorized investments prohibited.

Sec. 4.

This act does not authorize a local unit or this state to make investments not otherwise authorized by law.

History: 1996, Act 427, Imd. Eff. Nov. 25, 1996

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.