Michigan Laws 129.147 – Separate accounts
Current as of: 2023 | Check for updates
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Terms Used In Michigan Laws 129.147
- Participant: means a local unit participating in the investment pool. See Michigan Laws 129.142
- Participating county: means a county that has been authorized by the county governing body to enter into a contract with another local unit pursuant to section 4. See Michigan Laws 129.142
The treasurer of a participating county shall maintain a separate account designated by name and number for each participant. Each account shall show the deposits, earnings, and withdrawals of the participant.