Section 2

Act 298 of 1937, § 2, under SHARES LEGAL INVESTMENT, SAVINGS AND LOAN ASSOCIATIONS.

Act 298 of 1937, § 2

Section 2. The legality of such investment shall not be impugned whether the person, or persons, firm, or corporation, or association, board, or commission, making the same be foreign or domestic; or whether such investment be made from capital, reserves, or surplus; or whether made in a fiduciary or other capacity.