™Your Policy Risk Impact Agent
36 chapters · 197 sections in this title.
Mich. Comp. Laws § 15.421 Short title.
0.1K chars
Sec. 1. This act shall be known and may be cited as the "good government financial report disclosure act".
Mich. Comp. Laws § 15.422 Definitions.
4.5K chars
Sec. 2. As used in this act: (a) "Derivative instrument or product" means either of the following: (i) A contract or convertible security that changes in value in concert with a related or underlying security, future, or other instrument or index; or that obtains much of its valu…
Mich. Comp. Laws § 15.423 Availability of financial report pertaining to local unit or state department, institution, or office.
0.7K chars
Sec. 3. A local unit or a state department, institution, or office shall obtain and retain a copy of any financial report pertaining to that local unit or state department, institution, or office. A local unit or state department, institution, or office, including but not limited…
Mich. Comp. Laws § 15.424 Unauthorized investments prohibited.
0.1K chars
Sec. 4. This act does not authorize a local unit or this state to make investments not otherwise authorized by law.