MCL 490.356 Minor; Deposit, Investment, Or Withdrawal

LibraryMichigan Statutes
Edition2023
CurrencyCurrent through Public Act 321 of the 2023 Legislative Session
Year2023
CitationMCL 490.356

A domestic credit union may issue shares to and receive deposits from a minor. The minor may withdraw the deposits or shares and any dividends or interest on the deposits or shares. A deposit, investment in a share, or withdrawal under this section by a minor is valid and enforceable and the minor is considered an...

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