Michigan § 38.1215 - Investment of trust assets; resolution.
Full text of Michigan Michigan Compiled Laws § 38.1215 — Investment of trust assets; resolution., with citation guidance and answers to common questions.
§ 38.1215. Investment of trust assets; resolution.
The legislative body of a public corporation may, by resolution, allow a trust to invest the assets of the trust in accordance with the public employee retirement system investment act, 1965 PA 314, MCL 38.1132 to 38.1140. The resolution shall include the following:
A statement of the authority under which the trust is established.
Approval to invest the assets of the trust in accordance with the public employee retirement system investment act, 1965 PA 314, MCL 38.1132 to 38.1140.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 38.1215
What does Michigan Compiled Laws § 38.1215 cover?
Section 38.1215 ("Investment of trust assets; resolution.") 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 § 38.1215?
A common citation format is "Michigan Compiled Laws § 38.1215" (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 § 38.1215 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.