Michigan Statutes
§ 129.148 — Safekeeping depositories; security.
Michigan § 129.148
JurisdictionMichigan
Ch. 129PUBLIC FUNDS
Act 121 of 1985LOCAL GOVERNMENT INVESTMENT POOL ACT (129.141-129.150)
This text of Michigan § 129.148 (Safekeeping depositories; security.) is published on Counsel Stack Legal Research, covering Michigan primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.
Bluebook
Mich. Comp. Laws § 129.148 (2026).
Text
LOCAL GOVERNMENT INVESTMENT POOL ACT (EXCERPT) Act 121 of 1985 129.148 Safekeeping depositories; security. Sec. 8.
(1)The treasurer of a participating county may use safekeeping depositories for the holding of securities.
(2)Security in the form of collateral, surety bond, or another form may be taken for the deposits or investments of an investment pool.
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Legislative History
1985, Act 121, Imd. Eff. July 31, 1985
Nearby Sections
15
§ 129.11
Public money; definition.§ 129.111
Short title.§ 129.112
Definitions.§ 129.115
Maintaining separate account for each participant; monthly statement of transactions; report.§ 129.116
Powers and duties of depository.§ 129.121
Short title; bond cremation act.§ 129.122
Bond cremation act; definitions.Cite This Page — Counsel Stack
Bluebook (online)
Michigan § 129.148, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/129/129.148.