Michigan § 390.1484 - Obligation upon state, agency, or instrumentality of state.
Full text of Michigan Michigan Compiled Laws § 390.1484 — Obligation upon state, agency, or instrumentality of state., with citation guidance and answers to common questions.
§ 390.1484. Obligation upon state, agency, or instrumentality of state.
This act does not create and shall not be construed to create any obligation upon this state or any agency or instrumentality of this state to guarantee for the benefit of an account owner or designated beneficiary any of the following:
The rate of interest or other return on an account.
The payment of interest or other return on an account.
The contracts, applications, deposit slips, and other similar documents used in connection with a contribution to an account shall clearly indicate that the account is not insured by this state and that the money deposited into and investment return earned on an account are not guaranteed by this state.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 390.1484
What does Michigan Compiled Laws § 390.1484 cover?
Section 390.1484 ("Obligation upon state, agency, or instrumentality of state.") is part of the Michigan Compiled Laws, the codified statutory law of Michigan. It sets out the legal rule or procedure described in the text above. Statutes are amended regularly, so always verify against the official source.
How do I cite Michigan § 390.1484?
A common citation format is "Michigan Compiled Laws § 390.1484" (Michigan). Legal writing may require the code abbreviation, section number, and year or edition. Match the style required by your court, professor, or publisher.
Is this the official text of Michigan law?
No. This page is for research and education and may not include the most recent amendments. For official current law, check the Michigan official source linked on this page or consult a licensed Michigan attorney.
How does Michigan § 390.1484 apply to my situation?
Statutes are interpreted in context, and application depends on your specific facts. Only a licensed attorney in Michigan can advise on how this section applies to you. Contact your state or local bar association for a referral.
Sources & Verification
Not legal advice. Verify against the official source and consult a licensed attorney in Michigan.