Michigan § 487.3607 - Orders or declaratory rulings as to receivers and conservators; compensation and expenses to reimburse bureau.
Full text of Michigan Michigan Compiled Laws § 487.3607 — Orders or declaratory rulings as to receivers and conservators; compensation and expenses to reimburse bureau., with citation guidance and answers to common questions.
§ 487.3607. Orders or declaratory rulings as to receivers and conservators; compensation and expenses to reimburse bureau.
The commissioner may issue orders or declaratory rulings he or she considers necessary in order to carry out the provisions of this chapter as to receivers and conservators.
All compensation and expenses allowed to reimburse the bureau when a bank examiner acts as receiver or conservator and all expenses for state supervision of receiverships and conservatorships under this act shall be turned over to the state treasurer and credited to a revolving fund to be held for the bureau to reimburse the bureau in connection with the provisions of this act with respect to receivers and conservators of savings banks.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 487.3607
What does Michigan Compiled Laws § 487.3607 cover?
Section 487.3607 ("Orders or declaratory rulings as to receivers and conservators; compensation and expenses to reimburse bureau.") 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 § 487.3607?
A common citation format is "Michigan Compiled Laws § 487.3607" (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 § 487.3607 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.