Michigan § 488.17 - Receipt evidencing electronic fund transfer; time; costs.
Full text of Michigan Michigan Compiled Laws § 488.17 — Receipt evidencing electronic fund transfer; time; costs., with citation guidance and answers to common questions.
§ 488.17. Receipt evidencing electronic fund transfer; time; costs.
An electronic fund transfer made by a customer of a financial institution shall be evidenced by a receipt provided to the customer at the time of the electronic fund transfer. If a receipt cannot be provided at the time of the transfer it shall be provided on a regular basis at the option of the customer and upon agreement by the customer to pay all reasonable costs for the service.
Source: official Michigan text · Last verified 2026-08-27
Frequently Asked Questions About Michigan § 488.17
What does Michigan Compiled Laws § 488.17 cover?
Section 488.17 ("Receipt evidencing electronic fund transfer; time; costs.") 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 § 488.17?
A common citation format is "Michigan Compiled Laws § 488.17" (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 § 488.17 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.