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

Mich. Comp. Laws § 487.3607: Orders or declaratory rulings as to receivers and conservators; compensation and expenses to reimburse bureau.

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Where this section sits in the code
  1. MI Code
  2. Chapter 487
  3. Act Act-354-of-1996

Sec. 607.

The commissioner may issue orders or declaratory rulings he or she considers necessary in order to carry out the provisions of this chapter as to receivers and conservators.

All compensation and expenses allowed to reimburse the bureau when a bank examiner acts as receiver or conservator and all expenses for state supervision of receiverships and conservatorships under this act shall be turned over to the state treasurer and credited to a revolving fund to be held for the bureau to reimburse the bureau in connection with the provisions of this act with respect to receivers and conservators of savings banks.

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

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