There is a newer version of the Michigan Compiled Laws
2006 Michigan Compiled Laws - CHAPTER 2 ADMINISTRATION (487.3201...487.3226)
| Act 354 of 1996 ADMINISTRATION |
| Document | Description |
| Section 487.3201 | Financial institutions bureau; jurisdiction; duties of commissioner; construction of act. |
| Section 487.3202 | Prohibited conduct. |
| Section 487.3203 | Federal insurance of deposits required. |
| Section 487.3204 | Savings bank; asset tests; loans for domestic residential housing; failure to satisfy asset tests. |
| Section 487.3205 | Appointment of examiners and employees; payment of compensation, travel, and expenses. |
| Section 487.3206 | Commissioner, deputy commissioner, or examiner; prohibited conduct. |
| Section 487.3207 | Commissioner, deputy commissioner, or examiner; civil liability. |
| Section 487.3208 | Rules, orders, and declaratory rulings. |
| Section 487.3209 | Savings banks and entities subject to examination by commissioner. |
| Section 487.3210 | Schedule of supervisory fees; initial supervisory fee. |
| Section 487.3211 | Circuit court subpoena to appear; petition by commissioner; scope; failure to appear as contempt. |
| Section 487.3212 | Privilege against self-incrimination; perjury. |
| Section 487.3213 | Confidentiality; exception. |
| Section 487.3214 | Application for approval; requirements; appeal. |
| Section 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. |
| Section 487.3216 | Temporary cease and desist order; effective and enforceable; injunction to set aside, limit, or suspend order. |
| Section 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 facts; hearing; issuance of order; effect and enforcement. |
| Section 487.3218 | Stay of suspension or prohibition; application to circuit court. |
| Section 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 office or prohibition; service of copy; finding of not guilty or other disposition. |
| Section 487.3220 | Board of directors; less than quorum. |
| Section 487.3221 | Hearing; decision; review; modifying, terminating, or setting aside order; commencement of proceedings not as stay of order. |
| Section 487.3222 | Notice or order; jurisdiction of court. |
| Section 487.3223 | Prohibited acts; fine; limitation. |
| Section 487.3224 | Service of notice; intent to issue cease and desist order; notice to governor. |
| Section 487.3225 | Proceedings under § 487.3215, 487.3216(1), or 487.3217; notice to federal authorities of intent to institute proceedings. |
| Section 487.3226 | Definitions. |
Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.
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