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95th Legislature Regular Session  
Michigan Compiled Laws Complete Through PA 242 of 2009  
House: Adjourned until Wednesday, February 10, 2010 1:30:00 PM  
Senate: Adjourned until Wednesday, February 10, 2010 10:00:00 AM  
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Act 307 of 1980
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SAVINGS AND LOAN ACT OF 1980

Act 307 of 1980

AN ACT to revise and codify the laws relating to savings and loan associations; to provide for the incorporation, regulation, supervision, and internal administration of associations; to prescribe the rights, powers, and immunities of associations; to provide for voluntary and involuntary changes in the corporate structure of associations; to prescribe the powers, rights, and duties of certain state agencies in relation to associations; to require certain reports and examinations of associations; to prescribe remedies and penalties for violations of this act; and to repeal certain acts and parts of acts.


History: 1980, Act 307, Eff. Jan. 1, 1981
Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibility of the financial institutions bureau and the commissioner of the financial institutions bureau to the commissioner of the office of financial and insurance services and the office of financial and insurance services by type III transfer, see E.R.O. No. 2000-2, compiled at MCL 445.2003 of the Michigan compiled laws.


© 2009 Legislative Council, State of Michigan

The People of the State of Michigan enact:

DocumentTypeDescription
307-1980-1DivisionARTICLE 1 (491.102...491.160)
307-1980-2DivisionARTICLE 2 (491.200...491.212)
307-1980-3DivisionARTICLE 3 (491.300...491.326)
307-1980-4DivisionARTICLE 4 (491.400...491.472)
307-1980-5DivisionARTICLE 5 (491.500...491.532)
307-1980-6DivisionARTICLE 6 (491.600...491.630)
307-1980-7DivisionARTICLE 7 (491.700...491.736)
307-1980-8DivisionARTICLE 8 (491.800... 491.830)
307-1980-9DivisionARTICLE 9 (491.900...491.934)
307-1980-10DivisionARTICLE 10 (491.1000...491.1012)
307-1980-11DivisionARTICLE 11 (491.1100...491.1135)
307-1980-12DivisionARTICLE 12 (491.1200...491.1202)

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