Michigan § 487.714 - Additional definitions.
Full text of Michigan Michigan Compiled Laws § 487.714 — Additional definitions., with citation guidance and answers to common questions.
§ 487.714. Additional definitions.
"Financial institution" means a state or nationally chartered bank or a state or federally chartered savings and loan association, savings bank, or credit union whose deposits are insured by an agency of the United States government and which maintains a principal office or branch office located in this state under the laws of this state or the United States.
"Person" means an individual, corporation, partnership, association, governmental entity, or any other legal entity.
Frequently Asked Questions About Michigan § 487.714
What does Michigan Compiled Laws § 487.714 cover?
Section 487.714 ("Additional definitions.") 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 § 487.714?
A common citation format is "Michigan Compiled Laws § 487.714" (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 § 487.714 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.