Michigan § 331.79 - Bonds and notes; legal investments.
Full text of Michigan Michigan Compiled Laws § 331.79 — Bonds and notes; legal investments., with citation guidance and answers to common questions.
§ 331.79. Bonds and notes; legal investments.
The notes and bonds of any authority are securities in which all public officers and bodies of this state and all municipalities and municipal subdivisions, all insurance companies and associations, and other persons carrying on an insurance business, all banks, trust companies, savings banks and savings associations, savings and loan associations, investment companies, all administrators, guardians, executors, trustees and other fiduciaries and all other persons whatsoever who are authorized to invest in bonds or other obligations of the state, may properly and legally invest funds, including capital, in their control or belonging to them.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 331.79
What does Michigan Compiled Laws § 331.79 cover?
Section 331.79 ("Bonds and notes; legal investments.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 331.79?
A common citation format is "Michigan Compiled Laws § 331.79" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 331.79 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.