{"data":{"id":"us-mi/mich.-comp.-laws-487.14107","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 487.14107","heading":"Sale or purchase of bank branch.","body":"Sec. 4107.\n\nA bank may sell 1 or more of its branches, without selling all or substantially all of the bank, to another depository institution located in this state or in a state whose laws would permit a bank to purchase 1 or more branches in that state of the purchasing depository institution.\n\nA bank may purchase 1 or more branches of another depository institution, without purchasing all or substantially all of the depository institution.\n\nA bank that proposes to purchase 1 or more branches under subsection (2) shall provide notice to the commissioner under section 3711 before operating the purchased branch or branches.","path":["MI Code","Chapter 487","Act Act-276-of-1999"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-487-14107","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"4606cc8c7bb81a092c7ca6dd4351d299698e1c177af58a1c854e2143b6ba0962","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-487.14106","next":"us-mi/mich.-comp.-laws-487.14108"},"notice":"GroundRules: Original legal text. Not legal advice."}