555.105 Common trust funds; funds investment.
Sec. 5.
A financial institution may invest and reinvest the assets of a fund in accordance with the plan for that fund.
History: 1941, Act 174, Eff. Jan. 10, 1942 ;– CL 1948, 555.105 ;– Am. 2004, Act 586, Imd. Eff. Jan. 4, 2005
Popular Name: Common Trust Fund Act