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Michigan Compiled Laws Complete Through PA 178 of 2019
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Act 146 of 1941
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Act 146 of 1941

AN ACT to authorize banks, industrial banks and trust companies to qualify as issuing agents for the sale of United States defense savings bonds, debentures, notes or other similar obligations of the United States of America and, if required, to pledge assets for the purpose of qualifying as such agents.

History: 1941, Act 146, Imd. Eff. May 29, 1941

© 2020 Legislative Council, State of Michigan

The People of the State of Michigan enact:

Section 487.731SectionU.S. defense savings bonds; banks and trust companies authorized as issuing agent for sale of; deposit or pledge of assets.
Section 487.732SectionPledging of assets; limitation of financial institutions act not otherwise affected.
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