Michigan

487.691 Adverse claim to bank deposit; notice; restraining order; exception.

487.701 Minor's deposit; payment; receipt or acquittance sufficient.

487.702 Trust deposit; death of trustees; payment of deposit; receipt or acquittance as release and discharge.

487.703 Deposit in name of joint beneficiaries; payment; receipt sufficient; deposits made payable to survivor; prima facie evidence.

487.711 Short title.

487.712 Meanings of words and phrases.

487.713 Definitions.

487.714 Additional definitions.

487.715 Statutory joint account; creation; signing contract; form of contract; acknowledging receipt of contract; adding additional parties; modifying form of contract.

487.716 Nature and effect of statutory joint accounts; failure to answer question in contract.

487.717 Withdrawals of funds; liability of financial institution; deposits subject to setoff.

487.718 Deposits subject to rights of creditors; laws applicable to transfers in fraud of creditors; claims against insolvent estate of deceased owner of statutory joint

487.719 Payment of widow's allowance or allowance for dependent children upon death of person owning deposits in statutory joint account.

487.721 Safe deposit box rented to joint holders; rights of various holders and survivors; exceptions.

487.731 U.S. defense savings bonds; banks and trust companies authorized as issuing agent for sale of; deposit or pledge of assets.

487.732 Pledging of assets; limitation of financial institutions act not otherwise affected.

487.751 National housing act; state financial institutes' authorized transactions; collateral.

487.752 Construction of act as to effect of state laws.

487.753 Declaration of necessity.

487.801 Certificate of brokers; necessity; filing with county clerk; contents; public inspection.

487.802 Certificate of brokers; new certificate, cause, prior liability.

487.803 Certificate of brokers; evidence of facts.

487.804 Violation of act; penalty.

487.806 Advertisement or representation of nature of business; violation, penalty; exception.

487.807 Violation of act; procedure for collection of penalties.

487.941 Definitions.

487.942 Authorizing or ordering financial institutions to close offices because of existing or impending emergency; duration; advising governor; authorization to close fi

487.943 Determination not to open or to close office of financial institution during emergency.

487.944 Notice of closing.

487.945 Period financial institution closed as legal holiday.

487.946 Obligations to employees not altered.

487.1001 Short title.

487.1002 Definitions; A to L.

487.1003 Definitions; M to T.

487.1004 Applicability of act.

487.1011 Money transmission services; license required; exception.

487.1012 License application; form; information required.

487.1013 Financial statements; net worth; qualification to do business; application fee; surety bond; aggregate liability of surety; limitation.

487.1014 Investigation; completed application; time period; issuance of license; fee; extension of time period; denial; request for hearing.

487.1015 Fee schedule; expiration and renewal of license.

487.1016 Travel expenses; recovery of fees and fines; collection; disposition.

487.1021 Information obtained in examination or investigation; disclosure prohibited.

487.1022 Joint examination or investigation.

487.1023 Changed information; filing; events requiring filing of report.

487.1024 Proposed change of control of licensee; request for approval; additional information; approval by commissioner; determination.

487.1025 Records.

487.1026 Disclosure of information.

487.1031 Permissible investments.

487.1032 Investments permitted under MCL 487.1031; limitation.

487.1033 Agreement between licensee and authorized delegate.

487.1034 Authorized delegate; prohibited conduct; duties.

487.1041 Denying, suspending, not renewing, or revoking license; placing license in receivership; revoking designation of authorized delegate; conditions.

487.1042 Violations; penalties; restitution.

487.1043 Summary suspension order.

487.1044 Cease and desist order.

487.1045 Rules.

487.1046 Civil fine.

487.1047 Order suspending or prohibiting person from being licensee and from being employed by, agent of, or control person of licensee.

487.1101 Short title.

487.1102 Purposes of act.

487.1103 Meanings of words and phrases.

487.1104 Definitions; A to C.

487.1105 Definitions; I to M.

487.1106 Definitions; O to T.

487.1201 Administration of act; orders; rules; imposition of conditions; applications for declaratory rulings; judicial review.

487.1203 Application; form; information; business plan.

487.1205 Investigations; purposes; oaths and affirmations; witnesses; evidence; documents or records; failure to comply with subpoena.

487.1207 Service of process.

487.1209 Establishment of annual schedule of fees; payment; action for recovery of fees or penalties; failure to submit report; disposition.

487.1211 Books, accounts, and other records of licensee; location and preservation; valuation of assets; audit report.

487.1213 Making or keeping of books, accounts, or other records by person other than licensee; applicability of act; approval of commissioner.

487.1215 Filing reports with commissioner; form; contents.

487.1216 Publication and distribution of information on impact of act.

487.1217 Examination of licensee or subsidiary of licensee; exhibiting books, accounts, and other records; facilitating examination; retention of person to assist commiss

487.1301 Licensure; eligibility.

487.1303 Review of information; approval of application for license; determinations; net worth; findings; grounds.

487.1304 Business development enterprise; designation; application; criteria; notification by board of Michigan strategic fund.

487.1304a Reports.

487.1305 Application for preliminary approval of application for license; order; conditions to final approval; fee.

487.1307 Denial of application; written statement of explanation.

487.1309 License; issuance; posting; nontransferable and nonassignable.

487.1311 Prohibited representations; permissible acts.

487.1313 Misrepresentation of license.

487.1315 Michigan corporation or limited liability company licensed under another law.

487.1317 Application to commissioner to accept surrender of license; approval; notice to owners and creditors; filing objection; sending copy of objection to commissioner

487.1401 Name of licensee; inclusion of word "BIDCO."

487.1403 Board of directors; number of directors; membership; meetings.

487.1405 Death, resignation, or removal of director, officer, or manager; election of director; appointment of officer or manager; notice to commissioner; additional info

487.1407 Dividend and distribution policies; buying back share of stock or membership interest.

487.1501 Offices of licensee; number; location; posting sign bearing corporate name; personnel; establishing, relocating, or closing office.

487.1503 Business of licensee; powers and privileges of licensee.

487.1505 Forms, terms, and conditions of financing assistance; participation in program of small business administration; compliance; scope of management assistance; purp

487.1507 Holding control of business firm; order approving or denying application; “hold control” defined; plan for acquiring and holding control of business firm; demons

487.1509 Transacting business in safe and sound manner; considering risks; authority of commissioner not limited.

487.1511 Definitions; transactions involving potential conflict of interest; authority of commissioner to determine conflict of interest not limited.

487.1513 Lien on or security interest in property of licensee.

487.1601 Acquiring control of licensee; application for approval; determinations by commissioner.

487.1603 Merger of licensee with another business firm; conditions; purchase by licensee of business of another person; sale of business; application for approval of merg

487.1701 Action to enjoin violation or enforce compliance; restraining order, preliminary or permanent injunction, or writ of mandamus; appointment of receiver or conserv

487.1703 Violation of MCL 487.1311; cease and desist order; filing application for hearing on order; rescission of order; judicial review.

487.1705 Cease and desist order; affirmative action to correct condition; application for hearing on order; affirming, modifying, or rescinding order; judicial review.

487.1707 Order removing subject person from office and prohibiting further participation in business of licensee; notice and hearing; determinations; order suspending sub

487.1709 Crime involving dishonesty or breach of trust; order suspending subject person from office and prohibiting further participation in business of licensee; applica

487.1711 Disclosure to owners.

487.1713 Calling meeting of board of directors of licensee or of owners of licensee; notice; expenses.

487.1715 Order directing licensee to refrain from providing additional financing assistance to business firms; notice and hearing; determinations; request for hearing; af

487.1717 Appointment of conservator for licensee; reimbursement of expenses of conservatorship; powers and duties of conservator; liquidation of licensee; appointment of

487.1719 Violation of act; amount and disposition of civil penalty; applicability of section; provisions cumulative; liability for certain violations.

487.2060a Request for reconsideration.

487.2060b Hearing; judicial review.

487.2060c Enforcement of notice or order.

487.2060d Summary suspension; order; hearing; record.

487.2060e Summary suspension order, cease and desist order, or injunctive relief as additional legal action.

487.2060f Investigation or examination by commissioner; complaint or action; suspension of license; request for hearing; duration of suspension.

487.2060g Fraud or money laundering; definitions.

487.2060h Hearing; decision; findings; judicial review; stay.

487.2060i Enforcement of order; jurisdiction.

487.2060j Violation as misdemeanor; penalty.

487.2060k Violation of order; exceptions.

487.2066a Licensee engaged in loan servicing activities; appointment of conservator or receiver.

487.2066b Powers and duties of conservator or receiver.

487.2101 Definitions.

487.2102 Enrollment in distribution system for direct deposit of retirement benefit with financial institution; electronic fund transfer of state college and university p

487.2103 Establishment of criteria and distribution system for participation by financial institution.

487.2104 Rules; participation prohibited under certain conditions.

487.2105 Fee; limitation; prohibition.

487.2121 Short title.

487.2122 Definitions.

487.2131 Business of providing deferred presentment service transactions; license required; scope of act; application process and timeline; bulletin, order, or rule.

487.2132 Licensure requirements.

487.2133 Application; writing; oath; form; information; fee.

487.2134 License fees; disposition; surety bond.

487.2135 Issuance of license upon investigation that requirements satisfied; posting copy of license.

487.2136 Denial of application or failure to act within certain time period; hearing.

487.2137 License not transferable or assignable; change in control; duties of licensee; request for information or documentation; "control" defined.

487.2138 Report describing certain event.

487.2139 Expiration and renewal of license.

487.2140 Enforcement and implementation of act; issuance of orders and rules; correction of inaccurate information; duties of licensee if database not operational; examin

487.2141 Books, accounts, and records; preservation.

487.2142 Development, implementation, and maintenance of database.

487.2151 Notice; posting; form.

487.2152 Written deferred presentment service agreement; signatures; provisions; arbitration.

487.2153 Transaction; limitation on amount; service fee; conditions prohibiting entering transaction; duties of licensee; prohibited conduct; sign.

487.2154 Customer eligibility; verification; use of database; fee; submission of information to database; closure of transaction.

487.2155 Renewal or extension of agreement; repayment option; conditions; terms; notice; satisfaction of drawer's obligation; deposit of check held in connection with tra

487.2156 Violation of act.

487.2157 Rescission of agreement; redemption of check by drawer.

487.2158 Endorsement of check; returned check charge; liability for dishonored check.

487.2159 Agreements; maintenance; availability for examination; rejected applications.

487.2160 Prohibited conduct.

487.2165 Customer complaint; filing; investigation or examination by commissioner; subpoena; noncompliance.

487.2166 Cease and desist order.

487.2167 Suspension, revocation, or termination of license.

487.2168 Violations; civil fines.

487.2169 Fraud.

487.2170 Hearing.

487.2171 Rules; report.

487.2172 Person providing services before effective date of act; compliance.

487.2173 Civil cause of action; damages.

487.3101 Short title.

487.3102 Definitions; A to I.

487.3103 Definitions; L to W.

487.3201 Financial institutions bureau; jurisdiction; duties of commissioner; construction of act.

487.3202 Prohibited conduct.

487.3203 Federal insurance of deposits required.

487.3204 Savings bank; asset tests; loans for domestic residential housing; failure to satisfy asset tests.

487.3205 Appointment of examiners and employees; payment of compensation, travel, and expenses.

487.3206 Commissioner, deputy commissioner, or examiner; prohibited conduct.

487.3207 Commissioner, deputy commissioner, or examiner; civil liability.

487.3208 Rules, orders, and declaratory rulings.

487.3209 Savings banks and entities subject to examination by commissioner.

487.3210 Schedule of supervisory fees; initial supervisory fee.

487.3211 Circuit court subpoena to appear; petition by commissioner; scope; failure to appear as contempt.

487.3212 Privilege against self-incrimination; perjury.

487.3213 Confidentiality; exception.

487.3214 Application for approval; requirements; appeal.

487.3215 Unsafe or unsound practice or violation; notice of charges; hearing; order to cease and desist; effect and enforcement; out-of-state bank branch.

487.3216 Temporary cease and desist order; effective and enforceable; injunction to set aside, limit, or suspend order.

487.3217 Intent by commissioner to remove director or officer from office; notice; suspension or prohibition; effective date; service of copies of notice; statement of fa

487.3218 Stay of suspension or prohibition; application to circuit court.

487.3219 Felony charge involving dishonesty or breach of trust by director or officer; suspension or prohibition; duration; entry of conviction; order of removal from off

487.3220 Board of directors; less than quorum.

487.3221 Hearing; decision; review; modifying, terminating, or setting aside order; commencement of proceedings not as stay of order.

487.3222 Notice or order; jurisdiction of court.

487.3223 Prohibited acts; fine; limitation.

487.3224 Service of notice; intent to issue cease and desist order; notice to governor.

487.3225 Proceedings under MCL 487.3215, 487.3216(1), or 487.3217; notice to federal authorities of intent to institute proceedings.

487.3226 Definitions.

487.3301 Corporation; formation; purpose.

487.3302 Organization of savings bank; application; forms; notice; publication requirements; waiver; examination of information and statements; approval or disapproval of

487.3302a Organization of branch by out-of-state savings bank; proof of federal insurance on deposits; determination of compliance; certificate of organization and eligib

487.3303 Organization of savings bank to serve depository institutions; application.

487.3304 Organizational expenses; reimbursement; review.

487.3305 Articles of incorporation.

487.3306 Authorization to commence business; conditions; verification; certificate with official seal; application deemed abandoned and no effect; first meeting.

487.3307 Required capital; applicability of section to consolidated organization; authorization of stock savings bank or mutual savings bank to commence business; total c

487.3308 Stock savings bank; stock issuance.

487.3309 Mutual savings bank; membership.

487.3310 Issuance of capital notes, debentures, and other indebtedness.

487.3311 Applicability of provisions to voting stock.

487.3312 Issuance of stock by mutual savings bank; conversion.

487.3313 Issuance of certificates of stock by savings bank.

487.3314 Increase in capital stock.

487.3315 Reduction in capital stock.

487.3316 Declaration and payment of dividends.

487.3317 Mutual savings bank; meetings.

487.3318 Records.

487.3319 Savings bank; meetings; voting.

487.3320 Savings bank; meeting notice.

487.3321 Savings bank; stock ledger; designation of transfer agent or registrar of shares; list to be furnished upon request.

487.3322 Savings bank; election of directors; vacancy; bylaws; meetings; chief executive officer; minutes; quorum; notice of meeting.

487.3323 Oath.

487.3324 Purchase or sale of securities by director; conditions.

487.3325 Director or officer of savings bank; discharge of duties; violation; removal; vote.

487.3326 Indemnification of party.

487.3327 Indemnification of director, officer, employee, or agent.

487.3328 Payment or reimbursement of expenses incurred in civil or criminal action, suit, or proceeding.

487.3329 Rights to indemnification.

487.3330 Insurance; trust fund.

487.3330a Consolidation or merger; position of director, officer, employee, or agent of depository institution.

487.3331 Articles of incorporation; amendment.

487.3332 Definitions; best interests of savings bank, shareholders, or members.

487.3333 Liquidation; notice; certificate of termination; designation of liquidating agent or committee; bond; reports; removal; appointment of new agent or committee; ex

487.3334 Commencement of voluntary liquidation procedures; savings bank as body corporate; actions, suits, or proceedings begun prior to liquidation proceeding; powers of

487.3335 Savings bank; expiration of term by limitation; extension; renewal.

487.3336 Sale or purchase of assets; consideration; purpose; filing certified copies of proceedings; liability; maintenance of principal office or branches.

487.3337 Sale or purchase of branches; notice.

487.3338 Unlimited amounts or share of deposits.

487.3339 Compliance review committee; construction of section.

487.3401 Savings bank; powers.

487.3402 Purchase, design, manufacture, construction, repair, modification, or improvement of real property; use of loan proceeds; liability for defect.

487.3403 Purchase of corporation stock by savings bank; limitation on aggregate investments.

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

487.3405 Venture capital investments; “professional investor” and “venture capital” defined.

487.3406 “Investment security” and “secretary” defined; purchase of investment securities.

487.3407 Acquisition, development, or improvement of real estate; limitation on investment of assets; powers of savings bank.

487.3408 Services performed by savings bank.

487.3409 Savings bank engaged in real estate brokerage business; notice of licensure or ownership; prohibited acts; disclosure to credit applicant; violation of section;

487.3410 Investment in service entities.

487.3411 Powers granted in MCL 487.3401 and 487.3403 construed.

487.3412 Change in location of principal office.

487.3413 Transactions relating to capital stock of corporation; authorization; purchase and sale of securities and stock; loan or discount; purchase or holding of own sto

487.3414 Savings bank possessing capital and surplus more than $1,000,000.00; powers; application; savings bank operating foreign branches; restrictions and limitations;

487.3415 Savings bank with branch offices in foreign country.

487.3416 Savings bank as owner or lessor of personal property; lease payments as rent; taxes; prohibition.

487.3417 Savings bank with branch in another state.

487.3418 Loan production offices.

487.3419 Purchase or assumption of national or state chartered bank, savings bank, or association; operation as new branch.

487.3420 Discontinuing operations of branch or agency office; transfer of functions.

487.3421 Trust powers; conditions, limitations, and restrictions.

487.3422 Definitions; trust service agreements.

487.3423 Separation of trust department business from commercial bank business; commingled and consolidated funds; limitation; lien on securities in event of savings bank

487.3424 Fiduciary powers; considerations.

487.3425 Repealed.

487.3426 Fund or property held by savings bank as fiduciary; investments; “registered investment company” defined; funds considered as held in fiduciary capacity.

487.3427 Enforcement of MCL 487.3421 to 487.3426; orders or declaratory rulings.

487.3428 Safe deposit and storage department.

487.3429 Lease, purchase, holding, and conveyance of real estate.

487.3430 Interest and charges on loans and credit extensions.

487.3431 Drafts or bills of exchange.

487.3432 Loans and extensions of credit and leases; limitations; exceptions; definitions.

487.3433 Loans and extensions of credit; exceptions to limitations.

487.3434 Capital and surplus; limitations.

487.3436 Automatic teller machine located on premises of casino, casino enterprise, liquor store, or adult entertainment establishment; preventing access to cash benefits

487.3501 Impairment of capital.

487.3502 Violations; liability of directors or officers.

487.3503 Officer or employee as agent in sale of stock or securities; prohibition.

487.3504 Receipt of consideration or gratuity prohibited.

487.3505 Surety bonds; protection against insurable losses.

487.3506 Reports; penalty for failure to report.

487.3507 Regulation and prescription of terms, conditions, bylaws, and rules by board of directors.

487.3508 Pledge of assets.

487.3509 Deposit by savings bank; limitation.

487.3510 Insolvency; transfer of assets null and void.

487.3511 Property or casualty insurance as condition to mortgage loan.

487.3512 Overdrafts.

487.3514 Repealed.

487.3601 Receiver; appointment.

487.3602 Receiver; powers; report to commissioner.

487.3603 Procedures for liquidation; limitation.

487.3604 Rights of depositors and creditors of closed savings bank.

487.3605 Conservator; appointment; powers; duties.

487.3606 Affairs of savings bank turned back to board of directors; notice.

487.3607 Orders or declaratory rulings as to receivers and conservators; compensation and expenses to reimburse bureau.

487.3608 Reorganization of savings bank.

487.3701 Consolidated savings bank.

***** 487.3702 SUBDIVISION (a) DOES NOT APPLY AFTER MAY 31, 1997: See subdivision (a) of 487.3702 *****

487.3703 Consolidated savings bank; rights, interests, privileges, powers, restrictions, disabilities, liabilities, and duties.

487.3704 Consolidated organization; service of process; prosecution.

487.3705 Operation of branches of consolidated or acquired savings bank.

487.3706 Definitions; consolidation.

487.3706a Definitions; reorganization of existing mutual savings bank to mutual holding company; requirements; organization and incorporation of new savings bank subsidia

487.3707 Definitions; terms and conditions of conversion or exchange.

487.3708 Conversion of savings bank into stock association or national banking association; conversion of mutual savings bank into state or federal mutual savings and loa

487.3709 Conversion of federally chartered shareholder-owned financial institution into savings bank.

487.3710 Conversion of state chartered shareholder-owned financial institution into savings bank.

487.3711 Conversion of member-owned federally chartered financial institution into mutual savings bank.

487.3711a Conversion of mutual federal savings and loan association, mutual federal savings bank, or other member-owned federally chartered financial institution into sto

487.3712 Conversion of member-owned state chartered financial institution into mutual savings bank.

487.3712a Conversion of mutual state savings and loan association, or mutual state savings bank, or other member-owned state chartered financial institution into stock sa

487.3713 Rights, obligations, and relations of converted and converting organization.

487.3714 Liability not impaired by sale of assets, consolidation, or conversion.

487.3715 Conversion of mutual savings bank to stock savings bank.

487.3801 Use of “bank,”“banker,” or “banking.”

487.3802 Construction of act.

487.3803 Effect of MCL 450.1 to 450.192.

487.3804 Tax exemptions.

487.11101 Short title.

487.11102 Supervision and regulation of banking organizations; state policy.

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

487.11104 Remedies; construction of act.

487.11105 Person engaged in business of banking; corporation as fiduciary.

487.11106 Use of designation or name.

487.11107 Tax exemptions.

487.11201 Definitions; A to F.

487.11202 Definitions; F to P.

487.11203 Definitions; S to V.

487.12101 Financial institutions bureau; creation; jurisdiction; commissioner; appointment; duties; seal; other employment.

487.12102 Purpose of act.

487.12103 Powers and duties vested under former act; transfer of property, books, and other papers; effect of orders and rules.

487.12104 Deputies; appointment by commissioner; duties; revocation.

487.12105 Employees; appointment by commissioner; compensation; duties; revocation.

487.12106 Commissioner, deputy commissioner, or examiner; prohibited conduct.

487.12107 Liability; immunity.

487.12108 Annual report.

487.12109 Confidentiality; disclosures.

487.12201 Rules.

487.12202 Examination of institution, its subsidiaries, and service entities.

487.12203 Fees; state bank regulatory fund.

487.12204 Declaratory rulings, orders, or determinations.

487.12301 Subpoena powers.

487.12302 Application.

487.12303 Reconsideration of order, ruling, or finding; hearing.

487.12304 Notice of charges; hearing; issuance of order to cease and desist; enforcement; notice to comptroller of currency and attorney general.

487.12305 Temporary cease and desist order.

487.12306 Conduct constituting breach of fiduciary duty; order of removal or prohibition.

487.12307 Stay of suspension or prohibition; issuance by court.

487.12308 Conduct involving felony or misdemeanor charge; order of removal or prohibition.

487.12309 Quorum of board of directors.

487.12310 Hearing; decision; review; consent order; modification, termination, or setting aside order.

487.12311 Enforcement powers; jurisdiction of court.

487.12312 Prohibited conduct; fine.

487.12313 Service of notice or order.

487.12314 Notice to federal supervisory authorities.

487.12315 Foreign bank; prohibited conduct.

487.12401 Liquidation; receiver or other liquidating agent.

487.12402 Appointment of receiver; conditions; procedures.

487.12403 Receiver; duties; powers.

487.12404 Lien on property or assets; voidable transfer.

487.12405 Records.

487.12406 Conservator; appointment; bond and security; qualifications; expenses.

487.12407 Conservator; rights, powers, and privileges.

487.12408 Deposits received while bank in conservatorship.

487.12409 Authority of conservator to borrow money; purpose.

487.12410 Termination of conservatorship.

487.13101 Bank organization generally.

487.13102 Bank organization; application.

487.13103 Organization of depository institutions generally.

487.13104 Expenses of incorporators; reimbursement.

487.13105 Bank as body corporate; authorization.

487.13106 Commencement of business.

487.13107 Organization meeting; notice.

487.13108 Capital adequacy; requirements.

487.13201 Articles of incorporation; approval generally.

487.13202 Articles of incorporation; contents.

487.13203 Articles of incorporation; amendments.

487.13301 Proposed resolution of dissolution; certificate of termination; designation of liquidating agent or committee; reports; examination by commissioner; filing of c

487.13302 Bank in dissolution as body corporate.

487.13303 Bank in dissolution; function of officers, directors, and shareholders.

487.13304 “Existing claim” and “existing claimant” defined; notice to depositors and creditors; existing claims; effective date of written notice.

487.13305 “Claim” and “claimant” defined; notice of dissolution; publication; requirements.

487.13306 Court supervision of bank in dissolution.

487.13307 Debts, obligations, and liabilities.

487.13401 Expiration of corporate term; extension.

487.13501 Board of directors; election; appointment of officers; meetings.

487.13502 Board of directors; oath.

487.13503 Sale or purchase of securities or property.

487.13504 Discharge of duties; liability; commencement of action; violation; statute of limitations.

487.13505 Removal of director.

487.13506 Sale of stock or securities; officer or employee as agent prohibited.

487.13507 Procurement of loan; receipt of gratuity or consideration prohibited.

487.13601 Meeting of shareholders.

487.13602 Meeting called by commissioner.

487.13603 Names and addresses of shareholders; record.

487.13604 Provisions applicable to voting stock.

487.13701 Consolidated bank; formation.

487.13702 Consolidated organization.

487.13703 Consolidated bank; rights, privileges, and powers.

487.13704 Service of process.

487.13705 Notice of operation.

487.13706 Definitions; applicable provisions.

487.13707 Definitions; consolidation agreement; approval of terms and conditions.

487.13708 Conversion of bank into stock association, stock savings bank, or national banking association.

487.13709 Conversion of depository institution.

487.13710 Effect of conversion.

487.13711 Branch services.

487.13712 Discontinuing branch operations; transfer of functions to principal office.

487.13713 Principal office; relocation.

487.13714 Branch office in foreign country; applicable provisions.

487.13801 Issuance of capital notes, debentures, or other instrument of indebtedness.

487.13802 Issuance of shares; number; classes; designations.

487.13803 Stock certificates.

487.13804 Capital stock; increase.

487.13805 Capital stock; reduction.

487.13806 Dividends.

487.13807 Deficiency; steps to make assessment or dissolution; extension.

487.13808 Distribution of sale proceeds; issuance of new certificates; effect of uniform commercial code.

487.13901 Repayment of deposits.

487.13902 Compliance review committee.

487.13903 Surety bond.

487.13904 Indemnification.

487.13905 Indemnification; expenses and amounts.

487.13906 Director, officer, employee, or agent as party to action; reimbursement.

487.13907 Other rights to indemnification or advancement; limitation.

487.13908 Liability insurance or trust fund.

487.13909 Consolidation or merger; position of director, officer, employee, or agent of absorbed depository institution.

487.13910 Definitions; person acting in best interests of bank or shareholders.

487.13911 Reports.

487.13912 Attachment or execution.

487.13913 Action taken or event occurring on or before November 29, 1995.

487.14101 Banking powers generally.

487.14102 Safe deposit and storage department; lien for unpaid rental and storage charges.

487.14103 Drafts or bills of exchange.

487.14104 Real estate brokerage.

487.14105 Permitted services or activities.

487.14106 Purchase or sale of assets; powers of bank.

487.14107 Sale or purchase of bank branch.

487.14108 Pledging bank assets as collateral security.

487.14109 Bank agent; activities.

487.14110 Automatic teller machine located on premises of casino, casino enterprise, liquor store, or adult entertainment establishment; preventing access to cash benefit

487.14111 Loan promotion raffle or savings promotion raffle.

487.14201 Loans and credit extensions; interest and charges.

487.14202 Total loans and credit extensions; limitation; exceptions; limitations based upon capital and surplus.

487.14203 Financing real or personal property; use of proceeds for purchase, design, manufacture, construction, repair, modification, or improvement; liability for defect

487.14204 Insurance; hazard; property and casualty.

487.14205 Allowance for bank loan and lease losses; charge off of debt.

487.14301 Purchasing, selling, underwriting, and holding investment securities.

487.14302 Purchase of investment securities.

487.14303 Investment in other assets.

487.14304 Bank investment authority; purchasing or holding shares of stock or other equity interests.

487.14305 Venture capital investments.

487.14306 Lease, purchase, holding, and conveyance of real property.

487.14307 Acquisition, development, or improvement of real property for sale.

487.14308 Acquisition of real property for use of customer; loan secured by real property.

487.14309 Acquisition of personal property for use of customer; loan secured by personal property.

487.14310 Investment in service entity.

487.14401 Trust powers; conditions, limitations, and restrictions.

487.14402 Definitions; trust service agreement.

487.14403 Trust powers; segregation of assets held in fiduciary capacity; separate books and records; commingling and consolidation.

487.14404 Application for full fiduciary powers; considerations; limited trust power.

487.14405 Investment of trust funds or property; "registered investment company" defined; bank considered as fiduciary.

487.14406 Repealed.

487.15101 State agency or state foreign bank branch; establishment and operation by state foreign bank branch.

487.15102 Conversion of state agency or state foreign bank branch into federal agency or federal branch.

487.15103 Termination of authority to operate state agency or state foreign bank branch.

487.15104 Reports.

487.15105 Operations of foreign bank at state foreign bank branch or state agency.