Michigan Laws 487.3308 – Stock savings bank; stock issuance
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Terms Used In Michigan Laws 487.3308
- Bank: means a state banking corporation organized or reorganized under the provisions of the banking code of 1999, 1999 PA 276, MCL 487. See Michigan Laws 487.3102
A stock savings bank may issue shares of common stock and preferred stock that may be divided into classes and the classes into series.