Mich. Comp. Laws § 129.144

Current through Public Act 122 of the 2024 Legislative Session
Section 129.144 - Authorization by resolution
(1) A county treasurer shall not enter into a contract with a local unit for deposit of money in an investment pool until authorized to establish an investment pool by a resolution of the county board of commissioners of that participating county.
(2) The treasurer or other chief fiscal officer of a local unit shall not enter into a contract for deposit of money in an investment pool until authorized by a resolution of the governing body of that local unit.

MCL 129.144

1985, Act 121, Imd. Eff. 7/31/1985 .