February 17, 2005, Introduced by Reps. Dillon, Tobocman, Gonzales, Cheeks, Farrah, McConico, Murphy and Hunter and referred to the Committee on Banking and Financial Services.
A bill to amend 1996 PA 354, entitled
"Savings bank act,"
(MCL 487.3101 to 487.3804) by adding section 435.
THE PEOPLE OF THE STATE OF MICHIGAN ENACT:
Sec. 435. A savings bank is subject to and shall comply with
all of the requirements of the home loan protection act, 2002 PA
660, MCL 445.1631 to 445.1645.
Enacting section 1. This amendatory act does not take effect
unless Senate Bill No.____ or House Bill No. 4343(request no.
01449'05) of the 93rd Legislature is enacted into law.