MCL - Section 487.15104

BANKING CODE OF 1999 (EXCERPT)
Act 276 of 1999


487.15104 Reports.

Sec. 5104.

     A foreign bank operating a state agency or state foreign bank branch in this state shall, at the times and in the form prescribed by the commissioner, file with the commissioner reports written in the English language, showing the amount of its assets and liabilities and containing other information requested by the commissioner. A foreign bank that fails to comply with this section is subject to the penalty provided in section 3911.


History: 1999, Act 276, Eff. Mar. 1, 2000