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DEPOSIT AND SAFEGUARDING OF PUBLIC MONEYS OF VILLAGE
Act 321 of 1909
AN ACT to provide for the depositing and safeguarding of public moneys belonging to villages within the state of Michigan.
History: 1909, Act 321, Eff. Sept. 1, 1909
© 2017 Legislative Council, State of Michigan
The People of the State of Michigan enact:
|Section 129.41||Section||Public funds of incorporated village; deposit; secured deposits; limitation on acceptable assets; warrants and orders; profits; liability for loss; ordinance or resolution; conduct and inspection of proceedings; accrual of profits to village general fund.
|Section 129.42||Section||Security for deposit prohibited.
|Section 129.43||Section||Limitation on deposit of additional public funds.
|Section 129.44||Section||“Deposit” defined.
|Section 129.45||Section||“Financial institution” defined.