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Code · Michigan · Chapter 487 — Financial Institutions

487.11103 Filing of documents as constructive notice of contents; limitation.

120 words·~1 min read·/mi/chapter-487/487-11103

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487.11103 Filing of documents as constructive notice of contents; limitation.
Sec. 1103.
The filing of documents under this act does not provide constructive notice of the contents of the documents except as to shareholders, directors, and officers of the institution or depository institution on behalf of which the documents are filed.
History: 1999, Act 276 , Eff. Mar. 1, 2000
Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibility of the financial institutions bureau and the commissioner of the financial institutions bureau to the commissioner of the office of financial and insurance services and the office of financial and insurance services by type III transfer, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.
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