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Formula for text length and formatting

At the office, one of the tasks I am HONORED to have on my plate is to clean up event attendance/check-in data for student organization events. I'm looking for a formula to add to conditional formatting that can check the following criteria:

  • Cell value (stored as text) is nine characters long
  • Each cell should begin with an 'M', followed by 8 number digits
    • EX: M01234567

Any ideas on this?

submitted by /u/scrappydoofan123
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Formula for text length and formatting