{"data":{"id":"us-mi/mich.-comp.-laws-487.13105","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 487.13105","heading":"Bank as body corporate; authorization.","body":"Sec. 3105.\n\nIf the commissioner approves the articles of incorporation as required by this act, the bank shall become a body corporate. A bank shall not transact any business, except as is incidental and necessarily preliminary to its organization, until it has been authorized by the commissioner to commence the business of banking.","path":["MI Code","Chapter 487","Act Act-276-of-1999"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-487-13105","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"2e518e328801865910fe79225753b134049013fd36d5aac8b6c4f2981a7c541a","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-487.13104","next":"us-mi/mich.-comp.-laws-487.13106"},"notice":"GroundRules: Original legal text. Not legal advice."}
