Mich. Comp. Laws » Michigan Compiled Laws / Chapter 765 / Act 175 of 1927
Michigan Compiled Laws

Mich. Comp. Laws § 765.17 (2026)

Deposit in special fund; interest.

✓ current as of July 2026
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THE CODE OF CRIMINAL PROCEDURE


Act 175 of 1927


765.17 Deposit in special fund; interest.

Sec. 17.

    Any cash or securities received by any treasurer or clerk under the provisions of this chapter shall be deposited in a special fund, or place of deposit subject to the order of the proper court. Any interest accumulating upon such fund shall be paid into the general fund or corresponding fund of the state, county, city, village or township according to the nature of the case or in accordance with the order of the proper court. When bonds or other securities are deposited the interest coupons shall not be detached therefrom but shall follow the disposition of the securities.

History: 1927, Act 175, Eff. Sept. 5, 1927 ;-- CL 1929, 17179 ;-- CL 1948, 765.17 ;-- Am. 1970, Act 78, Imd. Eff. July 16, 1970

FormerLaw Notes:

    See section 5 of Act 332 of 1919.

Notes of Decisions
Cited in 3 cases, 1973–1980 · leading case: People v. Pavlak, 297 N.W.2d 878 (Mich. Ct. App. 1980).
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People v. Pavlak, 297 N.W.2d 878 (Mich. Ct. App. 1980). “…who is in possession of the security and therefore the surety retains any interest which accumulates therefrom. MCLA 765.17; MSA 28.904.””
Potter v. Wayne Cnty., 207 N.W.2d 448 (Mich. Ct. App. 1973). · cites it 2× “" MCLA 765.17; MSA 28.904. Except for this statute there is no obligation upon the county clerk to invest any custodial funds in interest-bearing securities or accounts.”
People v. Tom Johnson, 250 N.W.2d 508 (Mich. Ct. App. 1976). “…who is in possession of the security and therefore the surety retains any interest which accumulates therefrom. MCLA 765.17; MSA 28.904.”
Annotations are extracted automatically from the opinions in the Syfert caselaw corpus and ranked by authority, recency, and treatment. Dots show Syfertize treatment of the citing case itself.