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Code · Michigan · Chapter 487 — Financial Institutions

487.13705 Notice of operation.

87 words·~1 min read·/mi/chapter-487/487-13705

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487.13705 Notice of operation.
Sec. 3705.
(1)A consolidated bank or consolidated organization may operate all branches and principal offices located in this state of the consolidating organizations without providing the notice required by section 3711(1).
(2)A bank, out-of-state bank, national bank, association, or savings bank operating a branch in this state as the result of a consolidation shall provide notice of that operation to the commissioner within 30 days after the effective date of the consolidation.
History: 1999, Act 276 , Eff. Mar. 1, 2000
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