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Michigan · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Mich. Comp. Laws § 38.1140f: Transferring and holding securities.

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Where this section sits in the code
  1. MI Code
  2. Chapter 38
  3. Act Act-314-of-1965

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.

Collected 2026-09-14T18:32:31Z. Source file · JSON

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