{"data":{"id":"us-mi/mich.-comp.-laws-15.424","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 15.424","heading":"Unauthorized investments prohibited.","body":"Sec. 4.\n\nThis act does not authorize a local unit or this state to make investments not otherwise authorized by law.","path":["MI Code","Chapter 15","Act Act-427-of-1996"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-15-424","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"7bc770670eedad1662eaad98a4244509e009d19808b3566f0152bd0d3589528d","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-15.423","next":"us-mi/mich.-comp.-laws-15.425"},"notice":"GroundRules: Original legal text. Not legal advice."}