Section 129.117 - Default in payment of principal, interest, or other income; remedies of depository.
SURPLUS FUNDS INVESTMENT POOL ACT (EXCERPT)
Act 367 of 1982
129.117 Default in payment of principal, interest, or other income; remedies of depository.
Sec. 7.
If a default occurs in the payment of principal, interest, or other income of an investment pool, the depository shall pursue all remedies available to it at law or in equity.
History: 1982, Act 367, Eff. Mar. 30, 1983