{"data":{"id":"us-mi/mich.-comp.-laws-38.1140b","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 38.1140b","heading":"Deposits by investment fiduciary.","body":"Sec. 20b.\n\nAn investment fiduciary may make interest bearing deposits with the treasurer of the political subdivision sponsoring the system or with the state treasurer, either of whom may then manage and invest the deposits in a collective investment fund, common trust fund, or pooled fund that is established and maintained for investment of those assets by the treasurer of the political subdivision sponsoring the system or by the state treasurer in accordance with this act.","path":["MI Code","Chapter 38","Act Act-314-of-1965"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-38-1140b","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"842b57ccfabd8d6b93b93f42b74d222f4b2401124a9c019e1b3c1e869ca7859b","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-38.1140a","next":"us-mi/mich.-comp.-laws-38.1140c"},"notice":"GroundRules: Original legal text. Not legal advice."}