Mich. Comp. Laws § 487.3312

Current through Public Act 64 of the 2024 Legislative Session
Section 487.3312 - Issuance of stock by mutual savings bank; conversion

Upon application and approval of the commissioner, a mutual savings bank may amend its articles of incorporation to authorize the issuance of stock and may issue stock. Conversion shall be accomplished in accordance with section 715.

MCL 487.3312

1996, Act 354, Imd. Eff. 7/1/1996.