Mich. Comp. Laws § 555.110
Current through Public Act 171 of the 2024 Legislative Session
A mistake made in good faith and in the exercise of due care in connection with the administration of a fund is not a violation of this act or any rules or regulations issued under this act, if promptly after discovery of the mistake the financial institution takes whatever action is reasonable under the circumstances to remedy the mistake.
MCL 555.110