Home/Michigan/Statutes/Ch. 129: PUBLIC FUNDS/Act 20 of 1943: INVESTMENT OF SURPLUS FUNDS OF POLITICAL SUBDIVISIONS (129.91-129.97a)/§ 129.92
Michigan Statutes

§ 129.92

Michigan § 129.92
JurisdictionMichigan
Ch. 129PUBLIC FUNDS
Act 20 of 1943INVESTMENT OF SURPLUS FUNDS OF POLITICAL SUBDIVISIONS (129.91-129.97a)

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Bluebook
Mich. Comp. Laws § 129.92 (2026).

Text

INVESTMENT OF SURPLUS FUNDS OF POLITICAL SUBDIVISIONS (EXCERPT)Act 20 of 1943129.92 Repealed. 1997, Act 196, Imd. Eff. Dec. 30, 1997. Compiler's Notes: The repealed section pertained to investment of sinking funds and insurance moneys by school districts.

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Nearby Sections

15
§ 129.101
Deposited public funds; facsimile signatures on checks or orders for payment of money.
§ 129.11
Public money; definition.
§ 129.111
Short title.
§ 129.112
Definitions.
§ 129.113
Placing surplus funds in investment pool; contract with financial institution.
§ 129.114
Contract between financial institution and local unit; required provisions.
§ 129.115
Maintaining separate account for each participant; monthly statement of transactions; report.
§ 129.116
Powers and duties of depository.
§ 129.117
Default in payment of principal, interest, or other income; remedies of depository.
§ 129.118
Act as additional authority for investment of surplus funds.
§ 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.
§ 129.121
Short title; bond cremation act.
§ 129.122
Bond cremation act; definitions.
§ 129.123
Cremation or disintegration of public obligations or interest coupons.
§ 129.124
Public bonds and interest coupons; certificate of cremation, contents, filing.
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Bluebook (online)
Michigan § 129.92, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/129/129.92.