Michigan Compiled Laws
276-1999-3 - Chapter 3 Bank Organization and Structure (487.13101...487.13913)
276-1999-3-3 - Part 3 Dissolution (487.13301...487.13307)

Section 487.13301 - Proposed Resolution of Dissolution; Certificate of Termination; Designation of Liquidating Agent or Committee; Reports; Examination by Commissioner; Filing of Certificate; Termination. - Sec. 3301. (1) A solvent bank may go into dissolution...

Section 487.13302 - Bank in Dissolution as Body Corporate. - Sec. 3302. (1) A bank that begins dissolution under section...

Section 487.13303 - Bank in Dissolution; Function of Officers, Directors, and Shareholders. - Sec. 3303. (1) Subject to section 3302 or as otherwise...

Section 487.13304 - “Existing Claim” and “Existing Claimant” Defined; Notice to Depositors and Creditors; Existing Claims; Effective Date of Written Notice. - Sec. 3304. (1) As used in this section: (a) "Existing...

Section 487.13305 - “Claim” and “Claimant” Defined; Notice of Dissolution; Publication; Requirements. - Sec. 3305. (1) As used in this section: (a) "Claim"...

Section 487.13306 - Court Supervision of Bank in Dissolution. - Sec. 3306. (1) After a bank has commenced dissolution, the...

Section 487.13307 - Debts, Obligations, and Liabilities. - Sec. 3307. (1) A bank in dissolution or its liquidating...