Michigan § 487.732 - Pledging of assets; limitation of financial institutions act not otherwise affected.
Full text of Michigan Michigan Compiled Laws § 487.732 — Pledging of assets; limitation of financial institutions act not otherwise affected., with citation guidance and answers to common questions.
§ 487.732. Pledging of assets; limitation of financial institutions act not otherwise affected.
This act shall not affect the limitations and restrictions of Act No. 341 of the Public Acts of 1937, as amended, with respect to the pledge of assets of the institutions herein named, except in so far as provided in this act.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 487.732
What does Michigan Compiled Laws § 487.732 cover?
Section 487.732 ("Pledging of assets; limitation of financial institutions act not otherwise affected.") 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 § 487.732?
A common citation format is "Michigan Compiled Laws § 487.732" (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 § 487.732 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.