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Code · Michigan · Chapter 487 — Financial Institutions

487.13101 Bank organization generally.

57 words·~1 min read·/mi/chapter-487/487-13101

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487.13101 Bank organization generally.
Sec. 3101.
Not less than 5 natural persons, a majority of whom are residents of this state and citizens of the United States or its territories or possessions, or a bank holding company, may file an application to organize a bank under this act.
History: 1999, Act 276 , Eff. Mar. 1, 2000
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