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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 266 of 1995
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CREDIT CARD TRANSACTIONS

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


© 2009 Legislative Council, State of Michigan

The People of the State of Michigan enact:

DocumentTypeDescription
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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