U. S. Defense Savings Bonds; Banks and Trust Companies Authorized as Issuing Agent for Sale Of; Deposit or Pledge of Assets - Mich. Comp. Laws Section 487.731
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Michigan Laws > Financial Institutions > U. S. Defense Savings Bonds; Banks and Trust Companies Authorized as Issuing Agent for Sale Of; Deposit or Pledge of Assets - Mich. Comp. Laws Section 487.731
487.731 U.S. defense savings bonds; banks and trust companies authorized as issuing agent for sale of; deposit or pledge of assets.
Sec. 1.
Any bank, any industrial bank and any trust company is authorized to qualify as issuing agent for the sale of United States defense savings bonds, debentures, notes or other similar obligations of the United States of America and may, subject to the approval of the commissioner of the banking department, deposit and/or pledge assets as may be required for the purpose of qualifying as such agent.
History: 1941, Act 146, Imd. Eff. May 29, 1941
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CL 1948, 487.731
Section: 487.714 487.715 487.716 487.717 487.718 487.719 487.721 487.731 487.732 487.751 487.752 487.753 487.801 487.802 487.803
Last modified: March 17, 2013
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