State Codes and Statutes

Statutes > Michigan > Chapter-487 > Act-354-of-1996 > 354-1996-3 > Section-487-3308

SAVINGS BANK ACT (EXCERPT)
Act 354 of 1996

487.3308 Stock savings bank; stock issuance.

Sec. 308.

A stock savings bank may issue shares of common stock and preferred stock that may be divided into classes and the classes into series.


History: 1996, Act 354, Imd. Eff. July 1, 1996

State Codes and Statutes

Statutes > Michigan > Chapter-487 > Act-354-of-1996 > 354-1996-3 > Section-487-3308

SAVINGS BANK ACT (EXCERPT)
Act 354 of 1996

487.3308 Stock savings bank; stock issuance.

Sec. 308.

A stock savings bank may issue shares of common stock and preferred stock that may be divided into classes and the classes into series.


History: 1996, Act 354, Imd. Eff. July 1, 1996


State Codes and Statutes

State Codes and Statutes

Statutes > Michigan > Chapter-487 > Act-354-of-1996 > 354-1996-3 > Section-487-3308

SAVINGS BANK ACT (EXCERPT)
Act 354 of 1996

487.3308 Stock savings bank; stock issuance.

Sec. 308.

A stock savings bank may issue shares of common stock and preferred stock that may be divided into classes and the classes into series.


History: 1996, Act 354, Imd. Eff. July 1, 1996