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REGENTS OF UNIVERSITY; INVESTMENTS
Act 86 of 1899
AN ACT to enable the regents of the university of Michigan to receive any money or other property for the ultimate use of the university and to invest the same in the best manner possible subject to the payment of the net income or any portion thereof derived therefrom to any specified person or persons then living, during the life or lives of such person or persons.
History: 1899, Act 86, Imd. Eff. May 26, 1899
© 2017 Legislative Council, State of Michigan
The People of the State of Michigan enact:
|Section 390.61||Section||Board of regents; receipt and investment of donations, life incomes.