There is a newer version of the Michigan Compiled Laws
2006 Michigan Compiled Laws - Act 232 of 1978
AN ACT to permit financial institutions to suspend business in the event of an existing or impending emergency; to prescribe the powers and duties of financial institution officers and certain state agencies and officials; and to declare the legal effect of the suspensions of business authorized by this act.
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Document | Description |
Section 487.941 | Definitions. |
Section 487.942 | Authorizing or ordering financial institutions to close offices because of existing or impending emergency; duration; advising governor; authorization to close financial institution on day of national mourning, rejoicing, or other special observance. |
Section 487.943 | Determination not to open or to close office of financial institution during emergency. |
Section 487.944 | Notice of closing. |
Section 487.945 | Period financial institution closed as legal holiday. |
Section 487.946 | Obligations to employees not altered. |
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