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Code · Michigan · Chapter 129 — Public Funds

129.117 Default in payment of principal, interest, or other income; remedies of depository.

54 words·~1 min read·/mi/chapter-129/129-117

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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
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