{"data":{"id":"us-mi/mich.-comp.-laws-129.42","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 129.42","heading":"Security for deposit prohibited.","body":"Sec. 2.\n\nSecurity in the form of collateral, surety bonds, or another form shall not be taken for the deposit of the public funds.","path":["MI Code","Chapter 129","Act Act-321-of-1909"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-129-42","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"d4324f6b93de60976f05c983f3823f28bc26a3d28d64ea7037ed3e115dd470a8","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-129.41","next":"us-mi/mich.-comp.-laws-129.43"},"notice":"GroundRules: Original legal text. Not legal advice."}