{"data":{"id":"us-mi/mich.-comp.-laws-487.13506","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 487.13506","heading":"Sale of stock or securities; officer or employee as agent prohibited.","body":"Sec. 3506.\n\nAn officer or employee of any bank, in his or her individual capacity, shall not act as agent in the sale of stock or other securities to any person or receive directly or indirectly any consideration or commission resulting from the sale of stock or other securities by others to the bank by which he or she is employed.","path":["MI Code","Chapter 487","Act Act-276-of-1999"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-487-13506","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"935d1d8e0a8a0ff25711225166d6ebf388b5ef6c117b121dd843c0f80d2940ee","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-487.13505","next":"us-mi/mich.-comp.-laws-487.13507"},"notice":"GroundRules: Original legal text. Not legal advice."}