{"data":{"id":"us-mi/mich.-comp.-laws-324.71505","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 324.71505","heading":"Bonds as securities.","body":"Sec. 71505.\n\nBonds issued under part 713 are made securities in which banks, savings and loan associations, investment companies, credit unions, and other persons carrying on a banking business; all insurance companies, insurance associations, and other persons carrying on an insurance business; and all administrators, executors, guardians, trustees, and other fiduciaries may properly and legally invest funds, including capital, belonging to them or within their control.","path":["MI Code","Chapter 324","Act Act-451-of-1994"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-324-71505","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"883e78a21e40155086c53328c6718c57b6059b7271abeeabaccf549a72bc8f05","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-324.71504","next":"us-mi/mich.-comp.-laws-324.71506"},"notice":"GroundRules: Original legal text. Not legal advice."}