Michigan § 129.115 - Maintaining separate account for each participant; monthly statement of transactions; report.

Full text of Michigan Michigan Compiled Laws § 129.115 — Maintaining separate account for each participant; monthly statement of transactions; report., with citation guidance and answers to common questions.

§ 129.115. Maintaining separate account for each participant; monthly statement of transactions; report.

Sec. 5.

The depository shall maintain for each participant a separate account designated by the participant's name and number. Each account shall show the deposits, earnings, and withdrawals of, and any fees paid by, the participant. Each participant shall receive a monthly statement of transactions and, upon request, shall be furnished a report showing the investment holdings of the investment pool as of the end of the previous month.

Source: official Michigan text · Last verified 2026-08-27

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Frequently Asked Questions About Michigan § 129.115

What does Michigan Compiled Laws § 129.115 cover?

Section 129.115 ("Maintaining separate account for each participant; monthly statement of transactions; report.") 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 § 129.115?

A common citation format is "Michigan Compiled Laws § 129.115" (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 § 129.115 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.