Michigan Statutes

§ 21.145 — Compliance with divestment from terror act.

Michigan § 21.145

JurisdictionMichigan

Ch. 21BUDGET AND STATE ACCOUNTS

Act 105 of 1855SURPLUS FUNDS IN TREASURY (21.141-21.147)

This text of Michigan § 21.145 (Compliance with divestment from terror act.) 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 § 21.145 (2026).

Text

SURPLUS FUNDS IN TREASURY (EXCERPT) Act 105 of 1855 21.145 Compliance with divestment from terror act. Sec.

5.The state treasurer shall comply with the divestment from terror act, 2008 PA 234, MCL 129.291 to 129.301, in making investments under this act.

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Legislative History

Add. 2008, Act 271 , Imd. Eff. Sept. 29, 2008 Compiler's Notes: Former MCL 21.145, which pertained to financial institutions failing to comply with certain requirements, was repealed by Act 32 of 1997, Imd. Eff. June 19, 1997.

Nearby Sections

15

§ 21.101

§ 21.110

State treasurer's common cash fund; assets and liabilities.

§ 21.111

§ 21.141

Loan to eligible municipality; approval; compliance; warrant; limitation on total amount of loans; sale, assignment, transfer, or repurchase of loans; "board" defined.

§ 21.142

§ 21.142a

Investment of surplus funds; conditions and restrictions; valid public purpose; approval of documentation; agricultural loans; disposition of earnings; reducing general fund by amount of interest deficiency or loss of principal; terms of certain investments; compliance; separate reports; definitions; value of qualified agricultural loans; deduction of grant; use of existing deposits for loans to farmers; appropriation; reduction of maximum amount of investments; effect of money not invested for qualified agricultural loans; action to ensure successful operation of section; disposition of affidavit; use of federal grant.

§ 21.142b

Investment of surplus funds; terms and conditions; valid public purpose; investment agreement; amount of investment; earnings; list of eligible projects; conditions to approval of eligible project; duty of director and state treasurer; definitions; effect of general obligation bonds; use of bond proceeds to promote solid waste management.

§ 21.142c

Investment of surplus funds; public purpose; earnings; losses; limitation.

§ 21.142d

Investment of surplus funds to facilitate marina dredging loans.

§ 21.142e

Loan of surplus funds to sugar beet growers' cooperative.

§ 21.142f

Investment in loans to land bank fast track authority or brownfield redevelopment authority; terms; definitions.

§ 21.143

Financial institution as depository of surplus funds; compliance; location of principal office; security; rate of return; investment and use of surplus funds; disposition of earnings from loans; loss of principal or interest; reduction of earnings; investment in securities of no-load open-end or closed-end management type investment company or investment trust.

§ 21.144

Liability of state treasurer and his or her bail; loans not subject to certain acts.

§ 21.145

Compliance with divestment from terror act.

§ 21.146

Illegal discriminatory lending practice; determination regarding deposit of additional surplus funds; considerations; commencement date and duration of prohibition; determination subject to MCL 24.201 et seq.

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Bluebook (online)

Michigan § 21.145, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/21.145.