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Form a Business

Procedures for liquidation; limitation.

MCL 487.3603
in effect
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487.3603. Procedures for liquidation; limitation. Sec. 603. The full and exclusive procedures for the liquidation of a savings bank under this act shall be the procedures prescribed in this act and a receiver or other liquidating agent shall not be appointed for such purpose or for any savings bank or its assets and property except as expressly provided in this act. 1996, Act 354, Imd. Eff. July 1, 1996
Source: Michigan Legislature (legislature.mi.gov)URL: https://legislature.mi.gov/Laws/MCL?objectName=mcl-487-3603Fetched: 10/20/2026

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