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BankRequired State License(s):Formation of a new bank requires either a state charter or a national charter. Information on forming a Michigan state-chartered bank is available by calling the Corporate Review Section, Office of Financial and Insurance Regulation, Department of Licensing and Regulatory Affairs at (517) 373-7236.
Michigan state-chartered banks are regulated pursuant to the Banking Code of 1999, as amended, MCL 487.11101 et seq. Creation/Revision Date: August 21, 2012 | |||||
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