Section 487.3309 - Mutual savings bank; membership.

SAVINGS BANK ACT (EXCERPT)
Act 354 of 1996

487.3309 Mutual savings bank; membership.

Sec. 309.

The membership of a mutual savings bank shall consist solely of every depositor or holder of a deposit account issued by the savings bank.


History: 1996, Act 354, Imd. Eff. July 1, 1996