Mich. Comp. Laws § 487.13506
Current through Public Act 166 of the 2024 Legislative Session
An officer or employee of any bank, in his or her individual capacity, shall not act as agent in the sale of stock or other securities to any person or receive directly or indirectly any consideration or commission resulting from the sale of stock or other securities by others to the bank by which he or she is employed.
MCL 487.13506