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

Mich. Comp. Laws § 487.3504: Receipt of consideration or gratuity prohibited.

Where this section sits in the code

MI Code
Chapter 487
Act Act-354-of-1996

Sec. 504.

An officer, director, or employee of a savings bank shall not receive any consideration or gratuity from a borrower for procuring a loan from the savings bank.

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

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