{"data":{"id":"us-mi/mich.-comp.-laws-487.13702","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 487.13702","heading":"Consolidated organization.","body":"Sec. 3702.\n\nOn an interstate basis, a bank may consolidate with any number of consolidating organizations to form a consolidated organization in accordance with the laws under which the consolidated organization is chartered, if all of the following apply:\n\nConsolidation is permitted by the laws under which each consolidating organization is organized and the appropriate regulator or regulators approve the consolidation.\n\nThe consolidating organizations provide notice to the commissioner by filing a copy of the application for consolidation within 10 days after the date the application is filed with the appropriate federal regulator.\n\nThe consolidated organization complies with section 3703(3) with respect to notice of consolidation, but that notice is limited to a court, public tribunal, agency, or officer of this state.","path":["MI Code","Chapter 487","Act Act-276-of-1999"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-487-13702","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"ed19c0f5cb9c975575e6e51b0125c94e6781338804267f542e38de9740b9f9dd","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-487.13701","next":"us-mi/mich.-comp.-laws-487.13703"},"notice":"GroundRules: Original legal text. Not legal advice."}