Michigan Code § 487.3411

Powers Granted in MCL 487.3401 and 487.3403 Construed.
Open in Lexace · Ask the AI about this section
Sec. 411.
The powers granted in sections 401 and 403 shall not be construed as limiting any grant of authority made elsewhere by this act except as provided in section 401. Except as otherwise provided in this act or in the articles or in the bylaws, such powers shall be exercised by the board of directors of the savings bank.
History: 1996, Act 354, Imd. Eff. July 1, 1996

‹ Prev All Michigan sections Next ›


Lexace provides legal information, not legal advice, and no attorney–client relationship is created. Statute text is provided for general information and may not reflect the most recent amendments; verify against the official state code.