{"data":{"id":"us-mi/mich.-comp.-laws-487.3201","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 487.3201","heading":"Financial institutions bureau; jurisdiction; duties of commissioner; construction of act.","body":"Sec. 201.\n\nThe financial institutions bureau shall have jurisdiction over and execute the laws relating to savings banks transacting business in this state.\n\nThe commissioner shall maximize the capacity of savings banks in this state to offer convenient and efficient financial services, to promote home ownership and economic development, and to ensure that savings banks remain competitive with other types of financial institutions and providers of financial services.\n\nThis act shall be liberally construed except for those provisions that relate to safety and soundness of operations, investments, and management.","path":["MI Code","Chapter 487","Act Act-354-of-1996"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-487-3201","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"8eab72a553692a2afba64b2818aaac4c2b5c70867617351d28e00d205d118374","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-487.3103","next":"us-mi/mich.-comp.-laws-487.3202"},"notice":"GroundRules: Original legal text. Not legal advice."}