Common Trust Funds; Funds Investment.

  1. Law
  2. Michigan Compiled Laws
  3. Uses and Trusts
  4. 174 of 1941 - Collective Investment Funds Act (555.101 - 555.113)
  5. Common Trust Funds; Funds Investment.

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Sec. 5.

A financial institution may invest and reinvest the assets of a fund in accordance with the plan for that fund.

History: 1941, Act 174, Eff. Jan. 10, 1942 ;-- CL 1948, 555.105 ;-- Am. 2004, Act 586, Imd. Eff. Jan. 4, 2005
Popular Name: Common Trust Fund Act


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