{"data":{"id":"us-mi/mich.-comp.-laws-129.113","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 129.113","heading":"Placing surplus funds in investment pool; contract with financial institution.","body":"Sec. 3.\n\nThe governing body of a local unit may enter into a contract with a financial institution to place surplus funds in an investment pool.","path":["MI Code","Chapter 129","Act Act-367-of-1982"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-129-113","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"edb83c2c6dc111580b848eedb8b90b1bcf23ba60738495d1c75d8c63e2686ee4","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-129.112","next":"us-mi/mich.-comp.-laws-129.114"},"notice":"GroundRules: Original legal text. Not legal advice."}