There is a newer version of the Michigan Compiled Laws
2010 Michigan Compiled Laws
Chapter 487 - FINANCIAL INSTITUTIONS
Act 276 of 1999 - BANKING CODE OF 1999 (487.11101 - 487.15105)
276-1999-3 - CHAPTER 3 BANK ORGANIZATION AND STRUCTURE (487.13101...487.13913)
276-1999-3-9 - PART 9 ADMINISTRATION (487.13901...487.13913)
Section 487.13901 - Repayment of deposits.
BANKING CODE OF 1999 (EXCERPT)Act 276 of 1999
487.13901 Repayment of deposits.
Sec. 3901.
Deposits shall be repaid to the depositor, or the depositor's lawful representatives, according to the terms of the agreement between the depositor and the bank.
History: 1999, Act 276, Eff. Mar. 1, 2000
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