15.424 Unauthorized investments prohibited.
35 words·~1 min read·
/mi/chapter-15/15-424A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
15.424 Unauthorized investments prohibited.
Sec. 4.
This act does not authorize a local unit or this state to make investments not otherwise authorized by law.
History: 1996, Act 427 , Imd. Eff. Nov. 25, 1996