{"data":{"id":"us-mi/mich.-comp.-laws-380.1222","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 380.1222","heading":"Deposit of district funds; limitation.","body":"Sec. 1222.\n\nA bank whose combined capital and surplus exceeds $50,000.00 may receive deposits of funds in an amount not more than double the combined capital and unimpaired surplus of the bank.","path":["MI Code","Chapter 380","Act Act-451-of-1976"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-380-1222","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"b255aca7b1cf40703d155947638e552bd6d5f10ca4a2fb0f3dd502353742da11","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-380.1221","next":"us-mi/mich.-comp.-laws-380.1223"},"notice":"GroundRules: Original legal text. Not legal advice."}