{"data":{"id":"us-mi/mich.-comp.-laws-484.3220","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 484.3220","heading":"Notes and bonds as securities; investment.","body":"Sec. 20.\n\nThe notes and bonds of the authority are securities in which public officers and bodies of this state and municipalities and municipal subdivisions, insurance companies and associations and other persons carrying on an insurance business, banks, trust companies, savings banks and savings associations, savings and loan associations, investment companies, administrators, guardians, executors, trustees and other fiduciaries, and any other person who is now or may be authorized to invest in bonds or other obligations of this state, may properly and legally invest funds, including capital, in their control or belonging to them.","path":["MI Code","Chapter 484","Act Act-49-of-2002"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-484-3220","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"a2d8c85b36ef22c5a1cf596e68e656e328527ee3e0264bfff785f71d9ab60f1f","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-484.3219","next":"us-mi/mich.-comp.-laws-484.3221"},"notice":"GroundRules: Original legal text. Not legal advice."}