Mich. Comp. Laws § 830.419a

Current through Public Act 190 of the 2024 Legislative Session
Section 830.419a - Moneys of building authority; contract with bondholders; security for deposits

The building authority may contract with the holders of its bonds as to the custody, collection, securing, investment, and payment of any moneys of the building authority. Moneys of the building authority and deposits of such moneys may be secured in the manner determined by the building authority. Banks and trust companies may give security for such deposits.

MCL 830.419a

Add. 1976, Act 240, Eff. 3/31/1977 .