A bill to amend 2003 PA 215, entitled “Credit union act,” by amending section 207 (MCL 490.207), as amended by 2016 PA 155.
House Bills 5779-83 updates the Michigan Credit Union Act to clarify and streamline the process for organizing domestic credit unions, shifting oversight to the director, specifying application requirements and timelines,.
Co-sponsored by Reps.
Referred to the Committee on Insurance
Reported without amendment
Reported from the Committee on Rules
Passed in the House 107 to 0 (details)
Motion to give immediate effect
by
The motion prevailed by voice vote
Referred to the Committee on Finance, Insurance, and Consumer Protection
