There is a newer version of the Michigan Compiled Laws
2010 Michigan Compiled Laws
Chapter 555 - USES AND TRUSTS
Act 174 of 1941 - COLLECTIVE INVESTMENT FUNDS ACT (555.101 - 555.113)
Section 555.105 - Common trust funds; funds investment.
COLLECTIVE INVESTMENT FUNDS ACT (EXCERPT)Act 174 of 1941
555.105 Common trust funds; funds investment.
Sec. 5.
A financial institution may invest and reinvest the assets of a fund in accordance with the plan for that fund.
History: 1941, Act 174, Eff. Jan. 10, 1942
;--
CL 1948, 555.105
;--
Am. 2004, Act 586, Imd. Eff. Jan. 4, 2005
Popular Name: Common Trust Fund Act
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