Mich. Comp. Laws § 487.13507

Current through Public Act 166 of the 2024 Legislative Session

Section 487.13507 - Procurement of loan; receipt of gratuity or consideration prohibited

An officer, director, or employee of a bank shall not receive, or consent, or agree to receive from a customer of the bank any consideration or gratuity in return for the procurement of a loan or other service from the bank.

MCL 487.13507

1999, Act 276, Eff. 3/1/2000.