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Michigan Compiled Laws Complete Through PA 227 of 2022
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Act 266 of 1995
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Act 266 of 1995

AN ACT to authorize and regulate credit card transactions involving local units of government, including the use of credit cards by officers and employees of local units of government; and to provide for powers and duties of certain state and local agencies, officers, and employees.

History: 1995, Act 266, Eff. July 8, 1996

The People of the State of Michigan enact:

Section 129.241SectionDefinitions.
Section 129.242SectionCredit card arrangement; use of credit cards.
Section 129.243SectionAdoption of resolution; written policy; provisions.
Section 129.244SectionTotal combined authorized credit limit; limitation; payment of balance, annual fee, and interest.
Section 129.245SectionLimiting or suspending authority to issue and use credit cards; issuance of order; hearing.
Section 129.246SectionValidity of credit card arrangement before effective date of act.
Section 129.247SectionEffective date.
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