Michigan § 487.3338 - Unlimited amounts or share of deposits.
Full text of Michigan Michigan Compiled Laws § 487.3338 — Unlimited amounts or share of deposits., with citation guidance and answers to common questions.
§ 487.3338. Unlimited amounts or share of deposits.
There shall be no limit upon the amount or share of deposits held or controlled in this state by any savings bank or holding company on a consolidated basis.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 487.3338
What does Michigan Compiled Laws § 487.3338 cover?
Section 487.3338 ("Unlimited amounts or share of deposits.") 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 § 487.3338?
A common citation format is "Michigan Compiled Laws § 487.3338" (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 § 487.3338 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.