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§ 487.3404 — Michigan Law | CourtGPT
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  2. Laws/
  3. Michigan/
  4. Chapter 487 - Financial Institutionsact 349 of 1925 - Adverse Claim to Bank Deposit (487.691 - 487.691)/
  5. Statute Act 354 of 1996/
  6. Division 354 1996 4/
  7. § 487.3404
Michigan Legal Code

§ 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