CREDIT UNION ACT (EXCERPT)
Act 215 of 2003

490.403 Domestic credit union; incidental powers.

Sec. 403.

A domestic credit union may exercise any incidental powers that are necessary or required to enable it to effectively carry out the business for which it is organized.

History: 2003, Act 215, Eff. June 1, 2004

Rendered 8/15/2025 10:28 AM
Michigan Compiled Laws Complete Through PA 5 of 2025
Courtesy of legislature.mi.gov