Michigan Statutes

§ 555.105 — Common trust funds; funds investment.

Michigan § 555.105

JurisdictionMichigan

Ch. 555USES AND TRUSTS

Act 174 of 1941COLLECTIVE INVESTMENT FUNDS ACT (555.101-555.113)

This text of Michigan § 555.105 (Common trust funds; funds investment.) 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 § 555.105 (2026).

Text

COLLECTIVE INVESTMENT FUNDS ACT (EXCERPT) Act 174 of 1941 555.105 Common trust funds; funds investment. Sec.

5.A financial institution may invest and reinvest the assets of a fund in accordance with the plan for that fund.

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Legislative History

1941, Act 174, Eff. Jan. 10, 1942 ;-- CL 1948, 555.105 ;-- Am. 2004, Act 586 , Imd. Eff. Jan. 4, 2005 Popular Name: Common Trust Fund Act

Nearby Sections

15

§ 555.101

Short title; definitions.

§ 555.102

Funds; financial institution may establish, maintain, and administer.

§ 555.103

Funds; financial institution may invest as fiduciary.

§ 555.104

Funds; establishment and maintenance of plan; provisions; availability for inspection.

§ 555.104a

Audit; financial report; contents; items to be excluded from report; availability; advertising common trust fund.

§ 555.105

Common trust funds; funds investment.

§ 555.105a

Interest in fund other than fiduciary; prohibition; restrictions.

§ 555.106

Common trust funds; participation; certificate.

§ 555.107

Common trust funds; management; control; ownership.

§ 555.108

Common trust funds; assets valuation; admission and withdrawal; basis; distribution.

§ 555.109

Common trust funds; management fee; expenses.

§ 555.110

Common trust funds; mistakes in administration; effect.

§ 555.111

Common trust funds; rules regulating administration.

§ 555.112

Common trust funds; additional investments.

§ 555.113

Common trust funds; court accountings; jurisdiction of probate court.

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Bluebook (online)

Michigan § 555.105, Counsel Stack Legal Research, https://law.counselstack.com/statute/mi/555/555.105.