MCL - Act 215 of 2003


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 create the credit union regulatory fund; to prescribe penalties, civil sanctions, and remedies; and to repeal acts and parts of acts.


History: 2003, Act 215, Eff. June 1, 2004 ;-- Am. 2016, Act 152, Eff. Sept. 7, 2016




The People of the State of Michigan enact:
Document Type Description
215-2003-1 Division ARTICLE 1 GENERAL PROVISIONS (490.101...490.105)
215-2003-2 Division ARTICLE 2 SUPERVISION BY COMMISSIONER (490.201...490.251)
215-2003-3 Division ARTICLE 3 DOMESTIC CREDIT UNION ORGANIZATION AND STRUCTURE (490.301...490.387)
215-2003-4 Division ARTICLE 4 DOMESTIC CREDIT UNION POWERS (490.401...490.432)
215-2003-5 Division ARTICLE 5 FOREIGN CREDIT UNIONS (490.501...490.502)
215-2003-6 Division ARTICLE 6 REPEAL OF PREDECESSOR ACT (490.601...490.601)