Skip to main content
CourtGPT logoCourtGPT
Directory
Law
For Attorneys
Blog
AppointmentsSign InSign Up
§ 38-1140f — Michigan Law | CourtGPT
  1. Home/
  2. Laws/
  3. Michigan/
  4. Chapter 38 - Civil Service and Retirementact 240 of 1943 - State Employees' Retirement Act (38.1 - 38.69)/
  5. Statute Act 314 of 1965/
  6. § 38-1140f
Michigan Legal Code

§ 38-1140f

Ask AI about this
38.1140f Transferring and holding securities. Sec. 20f. An investment fiduciary may use 1 or more nominees to facilitate transfer of a system's securities and may hold the securities in safekeeping with the federal reserve system, a clearing corporation, or a custodian bank which is a member of the federal reserve system. History: Add. 1982, Act 55, Imd. Eff. Apr. 6, 1982