Michigan § 487.13101 - Bank organization generally.
Full text of Michigan Michigan Compiled Laws § 487.13101 — Bank organization generally., with citation guidance and answers to common questions.
§ 487.13101. Bank organization generally.
Not less than 5 natural persons, a majority of whom are residents of this state and citizens of the United States or its territories or possessions, or a bank holding company, may file an application to organize a bank under this act.
Frequently Asked Questions About Michigan § 487.13101
What does Michigan Compiled Laws § 487.13101 cover?
Section 487.13101 ("Bank organization generally.") 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 § 487.13101?
A common citation format is "Michigan Compiled Laws § 487.13101" (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 § 487.13101 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.