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.
Money deposited in special fund; use.
Mich. Comp. Laws § 141.2411, under REVISED MUNICIPAL FINANCE ACT.
Mich. Comp. Laws § 141.2411