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§ 129.117 — Michigan Law | CourtGPT
  1. Home/
  2. Laws/
  3. Michigan/
  4. Chapter 129 - Public Fundsact 40 of 1932 (1st Ex. Sess.) - Depositories for Public Moneys (129.11 - 129.16)/
  5. Statute Act 367 of 1982/
  6. § 129.117
Michigan Legal Code

§ 129.117

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129.117 Default in payment of principal, interest, or other income; remedies of depository. Sec. 7. If a default occurs in the payment of principal, interest, or other income of an investment pool, the depository shall pursue all remedies available to it at law or in equity. History: 1982, Act 367, Eff. Mar. 30, 1983