Michigan Compiled Laws
276-1999-3 - Chapter 3 Bank Organization and Structure (487.13101...487.13913)
276-1999-3-8 - Part 8 Capital (487.13801...487.13808)

Section 487.13801 - Issuance of Capital Notes, Debentures, or Other Instrument of Indebtedness. - Sec. 3801. (1) A bank, with the approval of shareholders...

Section 487.13802 - Issuance of Shares; Number; Classes; Designations. - Sec. 3802. (1) A bank may issue the number of...

Section 487.13803 - Stock Certificates. - Sec. 3803. (1) Except as provided in subsection (2), the...

Section 487.13804 - Capital Stock; Increase. - Sec. 3804. (1) By a vote of shareholders owning 2/3...

Section 487.13805 - Capital Stock; Reduction. - Sec. 3805. (1) By a vote of shareholders owning 2/3...

Section 487.13806 - Dividends. - Sec. 3806. (1) From time to time, the board of...

Section 487.13807 - Deficiency; Steps to Make Assessment or Dissolution; Extension. - Sec. 3807. (1) If, in the opinion of the commissioner,...

Section 487.13808 - Distribution of Sale Proceeds; Issuance of New Certificates; Effect of Uniform Commercial Code. - Sec. 3808. (1) If, 30 days after notice as provided...