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Determination Not To Open Or To Close Office Of Financial Institution During Emergency - Mich. Comp. Laws Section 487.943Legal Research Home > Michigan Lawyer > Financial Institutions > Determination Not To Open Or To Close Office Of Financial Institution During Emergency - Mich. Comp. Laws Section 487.943 Sponsored LinksAct 232 of 1978 487.943 Determination not to open or to close office of financial institution during emergency. Sec. 3. If the commissioner has not made a determination under section 2(1) and the chief executive officer of a financial institution or another officer designated by the financial institution for purposes of this act determines that an emergency exists or is impending, the officer may order that an office or offices of the financial institution be closed or not open.
Last modified: January 1, 2008 |