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Michigan Compiled Laws, Chapter 129. Public Funds § 129.144

Current as of January 01, 2025 | Updated by Findlaw Staff

Sec. 4. (1) A county treasurer shall not enter into a contract with a local unit for deposit of money in an investment pool until authorized to establish an investment pool by a resolution of the county board of commissioners of that participating county.

(2) The treasurer or other chief fiscal officer of a local unit shall not enter into a contract for deposit of money in an investment pool until authorized by a resolution of the governing body of that local unit.

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Cite this article: FindLaw.com - Michigan Compiled Laws, Chapter 129. Public Funds § 129.144 - last updated January 01, 2025 | https://codes.findlaw.com/mi/chapter-129-public-funds/mi-comp-laws-129-144/

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