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Michigan · Snapshot open-us-law v2026.08, retrieved 2026-09-14

Mich. Comp. Laws § 487.12410: Termination of conservatorship.

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Where this section sits in the code
  1. MI Code
  2. Chapter 487
  3. Act Act-276-of-1999

Sec. 2410.

If satisfied that it may be done safely and that it would be in the public interest, the commissioner may terminate a conservatorship and permit the bank to resume the transaction of its business subject to terms, conditions, restrictions, and limitations as he or she may prescribe.

If the commissioner determines that it would be in the public interest, the commissioner may terminate a conservatorship and apply for the appointment of a receiver for the bank as provided in section 2402.

Collected 2026-09-14T18:32:31Z. Source file · JSON

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