Application for Approval by Department

Act 356 of 1965, § 1005, under BANKING CODE OF 1965.

Act 356 of 1965, § 1005

Section 1005. Application for Approval by Department

The incorporators shall make an application to the department for approval of the proposed institution in a manner prescribed by the department and shall deliver to the department when available:

(a) the articles of incorporation;

(b) the affidavit required by section 1003;

(c) evidence of reservation in the Department of State of the name of the proposed institution;

(d) applicable fees payable to the department in connection with the articles and with the conduct of the investigation required by section 1007; and

(e) as soon as available, proof of publication of the advertisement required by section 1006.