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§ 487.13705 — Michigan Law | CourtGPT
  1. Home/
  2. Laws/
  3. Michigan/
  4. Chapter 487 - Financial Institutionsact 349 of 1925 - Adverse Claim to Bank Deposit (487.691 - 487.691)/
  5. Statute Act 276 of 1999/
  6. Division 276 1999 3/
  7. Division 276 1999 3 7/
  8. § 487.13705
Michigan Legal Code

§ 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