MCL - Act 40 of 1932 (1st Ex. Sess.)
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
| Document | Type | Description |
|---|---|---|
| Section 129.11 | Section | Public money; definition. |
| Section 129.12 | Section | 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| Section 129.13 | Section | Repealed. 1997, Act 31, Imd. Eff. June 19, 1997. |
| Section 129.14 | Section | Deposit or investment of additional money; cash control ledger; limitation. |
| Section 129.15 | Section | Repealed. 2018, Act 462, Eff. Mar. 29, 2019. |
| Section 129.16 | Section | Definitions. |