Chapter 2 Administration (487.3201...487.3226)

  1. Law
  2. Michigan Compiled Laws
  3. Financial Institutions
  4. 354 of 1996 - Savings Bank Act (487.3101 - 487.3804)
  5. Chapter 2 Administration (487.3201...487.3226)

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Section
487.3201

Financial Institutions Bureau; Jurisdiction; Duties of Commissioner; Construction of Act.

Section
487.3202

Prohibited Conduct.

Section
487.3203

Federal Insurance of Deposits Required.

Section
487.3204

Savings Bank; Asset Tests; Loans for Domestic Residential Housing; Failure to Satisfy Asset Tests.

Section
487.3205

Appointment of Examiners and Employees; Payment of Compensation, Travel, and Expenses.

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
487.3211

Circuit Court Subpoena to Appear; Petition by Commissioner; Scope; Failure to Appear as Contempt.

Section
487.3212

Privilege Against Self-Incrimination; Perjury.

Section
487.3213

Confidentiality; Exception.

Section
487.3214

Application for Approval; Requirements; Appeal.

Section
487.3215

Unsafe or Unsound Practice or Violation; Notice of Charges; Hearing; Order to Cease and Desist; Effect and Enforcement; Out-of-State Bank Branch.

Section
487.3216

Temporary Cease and Desist Order; Effective and Enforceable; Injunction to Set Aside, Limit, or Suspend Order.

Section
487.3217

Intent by Commissioner to Remove Director or Officer From Office; Notice; Suspension or Prohibition; Effective Date; Service of Copies of Notice; Statement of Facts; Hearing; Issuance of Order; Effect and Enforcement.

Section
487.3218

Stay of Suspension or Prohibition; Application to Circuit Court.

Section
487.3219

Felony Charge Involving Dishonesty or Breach of Trust by Director or Officer; Suspension or Prohibition; Duration; Entry of Conviction; Order of Removal From Office or Prohibition; Service of Copy; Finding of Not Guilty or Other Disposition.

Section
487.3220

Board of Directors; Less Than Quorum.

Section
487.3221

Hearing; Decision; Review; Modifying, Terminating, or Setting Aside Order; Commencement of Proceedings Not as Stay of Order.

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.

Section
487.3225

Proceedings Under MCL 487.3215, 487.3216(1), or 487.3217; Notice to Federal Authorities of Intent to Institute Proceedings.

Section
487.3226

Definitions.