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Act 215 of 2003
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CREDIT UNION ACT

Act 215 of 2003

AN ACT to provide for the organization, operation, regulation, and supervision of credit unions; to prescribe the powers and duties of credit unions; to prescribe the powers and duties of certain state agencies and officials; to prescribe penalties, civil sanctions, and remedies; and to repeal acts and parts of acts.


History: 2003, Act 215, Eff. June 1, 2004


© 2009 Legislative Council, State of Michigan

The People of the State of Michigan enact:

DocumentTypeDescription
215-2003-1DivisionARTICLE 1 GENERAL PROVISIONS (490.101...490.105)
215-2003-2DivisionARTICLE 2 SUPERVISION BY COMMISSIONER (490.201...490.251)
215-2003-3DivisionARTICLE 3 DOMESTIC CREDIT UNION ORGANIZATION AND STRUCTURE (490.301...490.387)
215-2003-4DivisionARTICLE 4 DOMESTIC CREDIT UNION POWERS (490.401...490.432)
215-2003-5DivisionARTICLE 5 FOREIGN CREDIT UNIONS (490.501...490.502)
215-2003-6DivisionARTICLE 6 REPEAL OF PREDECESSOR ACT (490.601...490.601)