Mich. Comp. Laws § 129.115

Current through Public Act 171 of the 2024 Legislative Session
Section 129.115 - Maintaining separate account for each participant; monthly statement of transactions; report

The depository shall maintain for each participant a separate account designated by the participant's name and number. Each account shall show the deposits, earnings, and withdrawals of, and any fees paid by, the participant. Each participant shall receive a monthly statement of transactions and, upon request, shall be furnished a report showing the investment holdings of the investment pool as of the end of the previous month.

MCL 129.115

1982, Act 367, Eff. 3/30/1983 .