Section 2. Such city may invest the moneys of the estate of any minor of which it is now or may hereafter become guardian in any common trust fund maintained by it, provided the assets comprising such common trust fund consist solely of assets of the class authorized by law as legal investments for funds held by fiduciaries.
Section 2
Act 237 of 1951, § 2, under ALLOWING CITIES SERVING AS TRUSTEES-INVEST TRUST FUNDS.
Act 237 of 1951, § 2