Michigan Laws > Chapter 123 > Act 53 of 1994 Michigan Laws > Chapter 123 > Act 53 of 1994 – Pooled Investments Current as of: 2024 | Check for updates | Other versions § 123.931 Investments; computerized pool; “local governmental unit” defined; authorization Ask a legal question, get an answer ASAP!Click here to chat with a lawyer about your rights.