Sec. 7. If a default occurs in the payment of principal, interest, or other income of an investment pool, the depository shall pursue all remedies available to it at law or in equity.
Mich. Comp. Laws § 129.117
Default in payment of principal, interest, or other income; remedies of depository
1982, Act 367, Eff
Official source: Michigan Legislature. Reproduced from public-domain Michigan statutes; confirm against the official source for the current text. Not legal advice.