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Code · Michigan · Chapter 487 — Financial Institutions

487.3404 Purchase of stock, or loans to, Michigan business development corporation.

55 words·~1 min read·/mi/chapter-487/487-3404

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487.3404 Purchase of stock, or loans to, Michigan business development corporation.
Sec. 404.
Except as otherwise provided by this act or in its articles of incorporation, a savings bank may purchase the shares of stock of, or make loans to, the Michigan business development corporation.
History: 1996, Act 354 , Imd. Eff. July 1, 1996
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