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Section 487.3218 Stay of Suspension or Prohibition; Application to Circuit Court.

MI Comp L § 487.3218 (2019) (N/A)
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Sec. 218.

No later than 10 days after a director, officer, or other person has been suspended from office or prohibited from participation in the conduct of the affairs of a savings bank under section 217, the director, officer, or other person may apply to the circuit court for the county in which the home office of the savings bank is located for a stay of the suspension or prohibition pending the completion of the administrative proceedings under the notice served upon the director, officer, or other person under section 217.

History: 1996, Act 354, Imd. Eff. July 1, 1996

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Section 487.3217 Intent by Commissioner to Remove Director or Officer From Office; Notice; Suspension or Prohibition; Effective Date; Service of Copies of Notice; Statement of Facts; Hearing; Issuance of Order; Effect and Enforcement.
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Section 487.3219 Felony Charge Involving Dishonesty or Breach of Trust by Director or Officer; Suspension or Prohibition; Duration; Entry of Conviction; Order of Removal From Office or Prohibition; Service of Copy; Finding of Not Guilty or Other Disposition.