Sec. 208.
(1) The commissioner may promulgate rules in addition to those specifically provided for by this act as he or she may consider necessary to effectuate and enforce this act in accordance with the administrative procedures act of 1969, Act No. 306 of the Public Acts of 1969, being sections 24.201 to 24.328 of the Michigan Compiled Laws.
(2) The commissioner may also issue orders and declaratory rulings as he or she considers necessary to effectuate the purposes and to execute and enforce the provisions of this act.
History: 1996, Act 354, Imd. Eff. July 1, 1996
Structure Michigan Compiled Laws
Chapter 487 - Financial Institutions
Act 354 of 1996 - Savings Bank Act (487.3101 - 487.3804)
354-1996-2 - Chapter 2 Administration (487.3201...487.3226)
Section 487.3202 - Prohibited Conduct.
Section 487.3203 - Federal Insurance of Deposits Required.
Section 487.3206 - Commissioner, Deputy Commissioner, or Examiner; Prohibited Conduct.
Section 487.3207 - Commissioner, Deputy Commissioner, or Examiner; Civil Liability.
Section 487.3208 - Rules, Orders, and Declaratory Rulings.
Section 487.3209 - Savings Banks and Entities Subject to Examination by Commissioner.
Section 487.3210 - Schedule of Supervisory Fees; Initial Supervisory Fee.
Section 487.3212 - Privilege Against Self-Incrimination; Perjury.
Section 487.3213 - Confidentiality; Exception.
Section 487.3214 - Application for Approval; Requirements; Appeal.
Section 487.3218 - Stay of Suspension or Prohibition; Application to Circuit Court.
Section 487.3220 - Board of Directors; Less Than Quorum.
Section 487.3222 - Notice or Order; Jurisdiction of Court.
Section 487.3223 - Prohibited Acts; Fine; Limitation.
Section 487.3224 - Service of Notice; Intent to Issue Cease and Desist Order; Notice to Governor.