Subchapter - CHAPTER 4. POWERS
- Section 487.3401 - Savings bank; powers
- Section 487.3402 - Purchase, design, manufacture, construction, repair, modification, or improvement of real property; use of loan proceeds; liability for defect
- Section 487.3403 - Purchase of corporation stock by savings bank; limitation on aggregate investments
- Section 487.3404 - Purchase of stock, or loans to, Michigan business development corporation
- Section 487.3405 - Venture capital investments; "professional investor" and "venture capital" defined
- Section 487.3406 - "Investment security" and "secretary" defined; purchase of investment securities
- Section 487.3407 - Acquisition, development, or improvement of real estate; limitation on investment of assets; powers of savings bank
- Section 487.3408 - Services performed by savings bank
- Section 487.3409 - Savings bank engaged in real estate brokerage business; notice of licensure or ownership; prohibited acts; disclosure to credit applicant; violation of section; orders; limitation
- Section 487.3410 - Investment in service entities
- Section 487.3411 - Powers granted in MCL 487.3401 and 487.3403 construed
- Section 487.3412 - Change in location of principal office
- Section 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 stock
- Section 487.3414 - Savings bank possessing capital and surplus more than $1, 000, 000.00; powers; application; savings bank operating foreign branches; restrictions and limitations; further powers
- Section 487.3415 - Savings bank with branch offices in foreign country
- Section 487.3416 - Savings bank as owner or lessor of personal property; lease payments as rent; taxes; prohibition
- Section 487.3417 - Savings bank with branch in another state
- Section 487.3418 - Loan production offices
- Section 487.3419 - Purchase or assumption of national or state chartered bank, savings bank, or association; operation as new branch
- Section 487.3420 - Discontinuing operations of branch or agency office; transfer of functions
- Section 487.3421 - Trust powers; conditions, limitations, and restrictions
- Section 487.3422 - Definitions; trust service agreements
- Section 487.3423 - Separation of trust department business from commercial bank business; commingled and consolidated funds; limitation; lien on securities in event of savings bank failure
- Section 487.3424 - Fiduciary powers; considerations
- Section 487.3425 - [Repealed]
- Section 487.3426 - Fund or property held by savings bank as fiduciary; investments; "registered investment company" defined; funds considered as held in fiduciary capacity
- Section 487.3427 - Enforcement of MCL 487.3421 to 487.3426; orders or declaratory rulings
- Section 487.3428 - Safe deposit and storage department
- Section 487.3429 - Lease, purchase, holding, and conveyance of real estate
- Section 487.3430 - Interest and charges on loans and credit extensions
- Section 487.3431 - Drafts or bills of exchange
- Section 487.3432 - Loans and extensions of credit and leases; limitations; exceptions; definitions
- Section 487.3433 - Loans and extensions of credit; exceptions to limitations
- Section 487.3434 - Capital and surplus; limitations
- Section 487.3436 - Automatic teller machine located on premises of casino, casino enterprise, liquor store, or adult entertainment establishment; preventing access to cash benefits from Michigan bridge card; definitions