Michigan § 35.1038 - Bonds as investment securities.
Full text of Michigan Michigan Compiled Laws § 35.1038 — Bonds as investment securities. , with citation guidance and answers to common questions.
§ 35.1038. Bonds as investment securities.
Bonds issued under the provisions of this act are hereby made securities in which all banks, bankers, savings banks, trust companies, savings and loan associations, investment companies, and other persons carrying on a banking business, all insurance companies, insurance associations, and other persons carrying on an insurance business and all administrators, executors, guardians, trustees, and other fiduciaries may properly and legally invest any funds, including capital, belonging to them or within their control.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 35.1038
What does Michigan Compiled Laws § 35.1038 cover?
Section 35.1038 ("Bonds as investment securities. ") 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 § 35.1038?
A common citation format is "Michigan Compiled Laws § 35.1038" (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 § 35.1038 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.