MCL 555.442 Acts of Nominee, Federal Reserve Bank, and Clearing Corporation Deemed Acts of Corporation Acting As Fiduciary

LibraryMichigan Statutes
Edition2023
CurrencyCurrent through Public Act 321 of the 2023 Legislative Session
Year2023
CitationMCL 555.442

The acts of a nominee in connection with property held by the nominee shall be deemed to be the acts of the corporation acting as fiduciary. The acts of a federal reserve bank in connection with property held by it, as provided in section 4, and the acts of a clearing corporation in connection with property held by it, as provided in section 5, shall ...

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