Michigan Compiled Laws 354-1996-8 Chapter 8 General Provisions, Exemption From Taxation (487.3801...487.3804)

• Section 487.3801 Use Of “bank,”“banker,” Or “banking.”
  (1) The use of the word “bank”, “banker”, or “banking”, or words in any foreign language of similar meaning, as a designation or name...
• Section 487.3802 Construction Of Act.
  (1) The powers, privileges, duties, and restrictions conferred and imposed upon any institution existing and doing business under the laws of this state to...
• Section 487.3803 Effect Of Mcl 450.1 To 450.192.
  Notwithstanding any other law, a savings bank subject to the provisions of this act shall not be governed by Act No. 327 of the...
• Section 487.3804 Tax Exemptions.
  A savings bank subject to this act shall have the following tax exemptions: (a) All mortgages or other securities held by savings banks are...

Last modified: October 10, 2016