§ 4.21. Depository of city funds.

Latest version.

The council shall select annually one (1) or more depositories in which the funds of the city shall be deposited. Additions may be made at the discretion of the Council during the year.

State law reference

Designation of depositories, MCL 129.12, MSA 3.752; deposit of public moneys, MCL 211.43b, MSA 7.86.

                    
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