Sec. 3913.
A written agreement entered into under section 130b of former 1969 PA 319 shall remain in effect with regard to actions taken and events occurring on or before November 29, 1995. A cause of action shall not accrue under an agreement for an action taken or event occurring after November 29, 1995.
History: 1999, Act 276, Eff. Mar. 1, 2000
Structure Michigan Compiled Laws
Chapter 487 - Financial Institutions
Act 276 of 1999 - Banking Code of 1999 (487.11101 - 487.15105)
276-1999-3 - Chapter 3 Bank Organization and Structure (487.13101...487.13913)
276-1999-3-9 - Part 9 Administration (487.13901...487.13913)
Section 487.13901 - Repayment of Deposits.
Section 487.13902 - Compliance Review Committee.
Section 487.13903 - Surety Bond.
Section 487.13904 - Indemnification.
Section 487.13905 - Indemnification; Expenses and Amounts.
Section 487.13906 - Director, Officer, Employee, or Agent as Party to Action; Reimbursement.
Section 487.13907 - Other Rights to Indemnification or Advancement; Limitation.
Section 487.13908 - Liability Insurance or Trust Fund.
Section 487.13910 - Definitions; Person Acting in Best Interests of Bank or Shareholders.
Section 487.13912 - Attachment or Execution.
Section 487.13913 - Action Taken or Event Occurring on or Before November 29, 1995.