Chapter

POWERS

Mich. Comp. Laws § 487.3401— Savings bank; powers
Mich. Comp. Laws § 487.3402— Purchase, design, manufacture, construction, repair, modification, or improvement of real property; use of loan proceeds; liability for defect
Mich. Comp. Laws § 487.3403— Purchase of corporation stock by savings bank; limitation on aggregate investments
Mich. Comp. Laws § 487.3404— Purchase of stock, or loans to, Michigan business development corporation
Mich. Comp. Laws § 487.3405— Venture capital investments; “professional investor” and “venture capital” defined
Mich. Comp. Laws § 487.3406— “Investment security” and “secretary” defined; purchase of investment securities
Mich. Comp. Laws § 487.3407— Acquisition, development, or improvement of real estate; limitation on investment of assets; powers of savings bank
Mich. Comp. Laws § 487.3408— Services performed by savings bank
Mich. Comp. Laws § 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
Mich. Comp. Laws § 487.3410— Investment in service entities
Mich. Comp. Laws § 487.3411— Powers granted in MCL 487.3401 and 487.3403 construed
Mich. Comp. Laws § 487.3412— Change in location of principal office
Mich. Comp. Laws § 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
Mich. Comp. Laws § 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
Mich. Comp. Laws § 487.3415— Savings bank with branch offices in foreign country
Mich. Comp. Laws § 487.3416— Savings bank as owner or lessor of personal property; lease payments as rent; taxes; prohibition
Mich. Comp. Laws § 487.3417— Savings bank with branch in another state
Mich. Comp. Laws § 487.3418— Loan production offices
Mich. Comp. Laws § 487.3419— Purchase or assumption of national or state chartered bank, savings bank, or association; operation as new branch
Mich. Comp. Laws § 487.3420— Discontinuing operations of branch or agency office; transfer of functions
Mich. Comp. Laws § 487.3421— Trust powers; conditions, limitations, and restrictions
Mich. Comp. Laws § 487.3422— Definitions; trust service agreements
Mich. Comp. Laws § 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
Mich. Comp. Laws § 487.3424— Fiduciary powers; considerations
Mich. Comp. Laws § 487.3426— Fund or property held by savings bank as fiduciary; investments; “registered investment company” defined; funds considered as held in fiduciary capacity
Mich. Comp. Laws § 487.3427— Enforcement of MCL 487.3421 to 487.3426; orders or declaratory rulings
Mich. Comp. Laws § 487.3428— Safe deposit and storage department
Mich. Comp. Laws § 487.3429— Lease, purchase, holding, and conveyance of real estate
Mich. Comp. Laws § 487.3430— Interest and charges on loans and credit extensions
Mich. Comp. Laws § 487.3431— Drafts or bills of exchange
Mich. Comp. Laws § 487.3432— Loans and extensions of credit and leases; limitations; exceptions; definitions
Mich. Comp. Laws § 487.3433— Loans and extensions of credit; exceptions to limitations
Mich. Comp. Laws § 487.3434— Capital and surplus; limitations
Mich. Comp. Laws § 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