MICHIGAN LEGISLATURE(legislature.mi.gov)
Printed on 8/17/2025
Michigan Compiled Laws Complete Through PA 5 of 2025

Senate Bill 975 of 1996 (Public Act 346 of 1996)

Sponsors

Categories

Financial institutions: credit unions; Torts: immunity
Financial institutions; credit unions; indemnification of liability for officers and directors and increases in the limits of loans to members; allow. Amends sec. 16 of Act 285 of 1925 (MCL 490.16) & adds sec. 9a.

Documents

A SUBSET of documents (including the bill as introduced, the enrolled version if passed, and analyses/summaries) are available for sessions prior to 1997 and are provided by the Library of Michigan.

[PDF] Senate Introduced Bill
Introduced bills appear as they were introduced and reflect no subsequent amendments or changes
[PDF] Senate Enrolled Bill
The Enrolled Bill is the version passed in identical form by both houses of the Legislature

Analysis

Senate Fiscal Agency Analysis

[PDF] [HTML] COMMITTEE SUMMARY (Date Completed: 4-24-96)
This document analyzes SB0975
[PDF] [HTML] FLOOR ANALYSIS (Date Completed: 4-26-96)
This document analyzes SB0975
[PDF] [HTML] FIRST ANALYSIS (Date Completed: 5-2-96)
This document analyzes SB0975

History

(House actions in lowercase, Senate actions in UPPERCASE)
Note: A page number of 0 indicates that the page number is coming soon
Date Journal Action
4/23/1996 SJ 35 Pg. 697 REFERRED TO COMMITTEE ON FINANCIAL SERVICES
4/25/1996 SJ 37 Pg. 727 REPORTED FAVORABLY WITH SUBSTITUTE (S-1*)
4/30/1996 SJ 38 Pg. 739 REPORTED BY COMMITTEE OF THE WHOLE FAVORABLY WITH SUBSTITUTE (S-1*)
4/30/1996 SJ 38 Pg. 739 SUBSTITUTE (S-1*) CONCURRED IN
4/30/1996 SJ 38 Pg. 739 PLACED ON ORDER OF THIRD READING WITH SUBSTITUTE (S-1*)
5/01/1996 SJ 39 Pg. 760 PASSED :
ROLL CALL # 0323 YEAS 35 NAYS 00 EXC 01 NOT VOTING 01
5/01/1996 HJ 43 Pg. 894 referred to Committee on Commerce
5/15/1996 HJ 49 Pg. 1036 reported with recommendation
5/15/1996 HJ 49 Pg. 1036 referred to second reading
6/05/1996 HJ 58 Pg. 1453 placed on third reading
6/05/1996 HJ 58 Pg. 1460 placed on immediate passage
6/05/1996 HJ 58 Pg. 1460 passed; given immediate effect : \
Roll Call # 0657 Yeas 104 Nays 000
6/05/1996 HJ 58 Pg. 1460 returned to Senate
6/06/1996 SJ 55 Pg. 1274 GIVEN IMMEDIATE EFFECT
6/06/1996 SJ 55 Pg. 1274 ORDERED ENROLLED
7/03/1996 SJ 58 Pg. 1484 PRESENTED TO THE GOVERNOR
TIME: 04:56PM DATE: 06/17/96
7/03/1996 SJ 58 Pg. 1497 APPROVED BY THE GOVERNOR
TIME: 10:20AM DATE: 06/27/96
7/03/1996 SJ 58 Pg. 1497 FILED WITH SECRETARY OF STATE
TIME: 10:32AM DATE: 06/28/96
7/03/1996 SJ 58 Pg. 1497 ASSIGNED PA 0346'96