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2022 Michigan Compiled Laws
Chapter 129 - Public Funds
Act 40 of 1932 (1st Ex. Sess.) - Depositories for Public Moneys (129.11 - 129.16)
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.
History: 1932, 1st Ex. Sess., Act 40, Imd. Eff. May 14, 1932
- Section 129.11 - Public Money; Definition.
- Section 129.12 - Resolution Providing for Designation and Deposit of Public Money; Financial Institution Requirements; 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- Section 129.13 - Repealed. 1997, Act 31, Imd.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 Money; Cash Control Ledger; Limitation.
- Section 129.15 - Repealed. 2018, Act 462, Eff. Mar. 29, 2019.
- Section 129.16 - Definitions.
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