Section 487.14104 – Real Estate Brokerage.
487.14104 Real estate brokerage. Sec. 4104. (1) A bank may engage directly in, or own in whole or in part, a real estate brokerage business as provided under article 25 of the occupational code, 1980 PA 299, MCL 339.2501 to 339.2518. (2) A bank that engages directly in the real estate brokerage business or owns […]
Section 487.14105 – Permitted Services or Activities.
487.14105 Permitted services or activities. Sec. 4105. A bank may perform for others 1 or more of the following services or activities, and any other services or activities permitted by order or declaratory ruling of the commissioner: (a) Provide life, health, and casualty insurance for officers and employees of financial institutions and operate bonus plans […]