Mich. Comp. Laws § 490.356: Minor; deposit, investment, or withdrawal.
Where this section sits in the code
- MI Code
- Chapter 490
- Act Act-215-of-2003
Sec. 356.
A domestic credit union may issue shares to and receive deposits from a minor. The minor may withdraw the deposits or shares and any dividends or interest on the deposits or shares. A deposit, investment in a share, or withdrawal under this section by a minor is valid and enforceable and the minor is considered an adult with respect to that deposit, investment, or withdrawal.
Collected 2026-09-14T18:32:31Z. Source file · JSON