Michigan § 487.12410 - Termination of conservatorship.
Full text of Michigan Michigan Compiled Laws § 487.12410 — Termination of conservatorship., with citation guidance and answers to common questions.
§ 487.12410. Termination of conservatorship.
If satisfied that it may be done safely and that it would be in the public interest, the commissioner may terminate a conservatorship and permit the bank to resume the transaction of its business subject to terms, conditions, restrictions, and limitations as he or she may prescribe.
If the commissioner determines that it would be in the public interest, the commissioner may terminate a conservatorship and apply for the appointment of a receiver for the bank as provided in section 2402.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 487.12410
What does Michigan Compiled Laws § 487.12410 cover?
Section 487.12410 ("Termination of conservatorship.") 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 § 487.12410?
A common citation format is "Michigan Compiled Laws § 487.12410" (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 § 487.12410 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.