276-1999-4 - CHAPTER 4 BANKING POWERS (487.14101...487.14406)
- 276-1999-4-1 - PART 1 GENERAL PROVISIONS (487.14101...487.14109)
- Section 487.14101 - Banking powers generally.
- Section 487.14102 - Safe deposit and storage department; lien for unpaid rental and storage charges.
- Section 487.14103 - Drafts or bills of exchange.
- Section 487.14104 - Real estate brokerage.
- Section 487.14105 - Permitted services or activities.
- Section 487.14106 - Purchase or sale of assets; powers of bank.
- Section 487.14107 - Sale or purchase of bank branch.
- Section 487.14108 - Pledging bank assets as collateral security.
- Section 487.14109 - Bank agent; activities.
- 276-1999-4-2 - PART 2 LOANS (487.14201...487.14205)
- Section 487.14201 - Loans and credit extensions; interest and charges.
- Section 487.14202 - Total loans and credit extensions; limitation; exceptions; limitations based upon capital and surplus.
- Section 487.14203 - Financing real or personal property; use of proceeds for purchase, design, manufacture, construction, repair, modification, or improvement; liability for defect.
- Section 487.14204 - Insurance; hazard; property and casualty.
- Section 487.14205 - Allowance for bank loan and lease losses; charge off of debt.
- 276-1999-4-3 - PART 3 INVESTMENTS (487.14301...487.14310)
- Section 487.14301 - Purchasing, selling, underwriting, and holding investment securities.
- Section 487.14302 - Purchase of investment securities.
- Section 487.14303 - Investment in other assets.
- Section 487.14304 - Bank investment authority.
- Section 487.14305 - Venture capital investments.
- Section 487.14306 - Lease, purchase, holding, and conveyance of real property.
- Section 487.14307 - Acquisition, development, or improvement of real property for sale.
- Section 487.14308 - Acquisition of real property for use of customer; loan secured by real property.
- Section 487.14309 - Acquisition of personal property for use of customer; loan secured by personal property.
- Section 487.14310 - Investment in service entity.
- 276-1999-4-4 - PART 4 TRUSTS (487.14401...487.14406)
- Section 487.14401 - Trust powers; conditions, limitations, and restrictions.
- Section 487.14402 - Definitions; trust service agreement.
- Section 487.14403 - Trust powers; segregation of assets held in fiduciary capacity; separate books and records; commingling and consolidation.
- Section 487.14404 - Application for full fiduciary powers; considerations; limited trust power.
- Section 487.14405 - Investment of trust funds or property; "registered investment company" defined; bank considered as fiduciary.
- Section 487.14406 - Repealed. 2005, Act 195, Imd. Eff. Nov. 7, 2005.