Mich. Comp. Laws § 35.82i

Current through Public Act 185 of the 2024 Legislative Session
Section 35.82i - Corporate guardians; common trust fund investments permitted

Any trust company or bank with trust powers acting as a guardian pursuant to this act and organized under the laws of this state or of the United States may invest in a common trust fund, containing only investments authorized for fiduciaries, established and maintained by the corporate fiduciary in conformity with the laws of this state or of the United States.

MCL 35.82i

Add. 1969, Act 64, Imd. Eff. 7/21/1969 .