Revised Municipal Finance Act (Excerpt) Act 34 Of 2001

Published: 2015

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Act 34 of 2001

141.2411 Money deposited in special fund; use.

Sec. 411.

The money in each special fund required by this part shall be deposited in a bank account separate from any other money of the municipality and shall be used for no purpose other than to retire the municipal security for which the special fund was established.

History: 2001, Act 34, Eff. Mar. 1, 2002

© 2015 Legislative Council, State of Michigan