Michigan § 488.27 - Unjust denial of access; unfairly discriminatory sharing requirements; arbitration; judgment; redress in circuit court.

Full text of Michigan Michigan Compiled Laws § 488.27 — Unjust denial of access; unfairly discriminatory sharing requirements; arbitration; judgment; redress in circuit court., with citation guidance and answers to common questions.

§ 488.27. Unjust denial of access; unfairly discriminatory sharing requirements; arbitration; judgment; redress in circuit court.

Sec. 27.

A financial institution seeking to share a funds transfer facility pursuant to this act, and believing that it has been unjustly denied access or that the sharing requirements for its participation are unfairly discriminatory may seek a settlement of the dispute by arbitration pursuant to the rules of the American arbitration association applicable to commercial arbitration if all parties have agreed to arbitration, and judgment upon the award rendered by the arbitrator shall be final and may be entered in a court having jurisdiction; or seek redress in the circuit court in the appropriate jurisdiction.

Source: official Michigan text · Last verified 2026-08-27

Frequently Asked Questions About Michigan § 488.27

What does Michigan Compiled Laws § 488.27 cover?

Section 488.27 ("Unjust denial of access; unfairly discriminatory sharing requirements; arbitration; judgment; redress in circuit court.") 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 § 488.27?

A common citation format is "Michigan Compiled Laws § 488.27" (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 § 488.27 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.