Mich. Comp. Laws § 129.93

Current through Public Act 171 of the 2024 Legislative Session
Section 129.93 - Existing investments ratified and validated

Investments made before the effective date of the amendatory act that repealed section 2 of the surplus funds, sinking funds, or insurance funds of a political subdivision of this state in bonds and other obligations of the United States or its instrumentalities or certificates of deposit or depository receipts of a bank that is a member of the federal deposit insurance corporation as provided under section 1 and former section 2 of this act are hereby ratified and validated.

MCL 129.93

1943, Act 20, Imd. Eff. 3/13/1943 ;--CL 1948, 129.93 ;--Am. 1964, Act 126, Eff. 8/28/1964 ;--Am. 1997, Act 196, Imd. Eff. 12/30/1997 .