{"data":{"id":"us-mi/mich.-comp.-laws-487.3337","jurisdiction":"us-mi","citation":"Mich. Comp. Laws § 487.3337","heading":"Sale or purchase of branches; notice.","body":"Sec. 337.\n\nA savings bank may sell 1 or more of its branches to a bank, out-of-state bank, national bank, association, or savings bank located in a state whose laws would permit a savings bank to purchase 1 or more branches in that state of the purchasing depository institution.\n\nA savings bank may purchase 1 or more branches, without purchasing all or substantially all of the depository institution, from a bank, out-of-state bank, national bank, association, or savings bank.\n\nA savings bank that purchases 1 or more branches under subsection (2) shall provide notice as required under section 417 before operating the purchased branch or branches.","path":["MI Code","Chapter 487","Act Act-354-of-1996"],"source_url":"https://www.legislature.mi.gov/Laws/MCL?objectName=mcl-487-3337","current_through":"2026-08-14","vintage":"open-us-law v2026.08, retrieved 2026-09-14","retrieved_at":"2026-09-14T18:32:31Z","sha256":"b13c3186978bdfb0c037ce68408368945803658d1ab574e907ec8faa86699ec9","source_id":"us-mi","stale":false,"prev":"us-mi/mich.-comp.-laws-487.3336","next":"us-mi/mich.-comp.-laws-487.3338"},"notice":"GroundRules: Original legal text. Not legal advice."}