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Public Act Number: 471
Public Act Year: 2004
Document Type(s): MCLs
(26 results found)
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Document Type Description
Section 490.102 Section Definitions; A to I.
Section 490.104 Section "Credit union"; use in name or title; restrictions; "corporate" or "corporate central"; use in name.
Section 490.201 Section Administration and supervision by director; annual operating fee; limitation; report filed by domestic credit union; delinquent fee; waiver; amendment to bylaws or certificate of organization; examination of accounts, books, and records; "records" defined.
Section 490.203 Section Office of financial and insurance services; hearing or proceeding; document retention; order or ruling.
Section 490.212 Section Notice of intention to remove person from office or to prohibit participation in conduct of affairs; conditions; hearing; order; issuance; basis; enforcement.
Section 490.214 Section Individual charged with crime involving dishonesty or breach of trust; suspension from office or prohibition from participation in conduct of affairs; finding of not guilty or other disposition.
Section 490.217 Section Person subject to notice or order for violation of law; prohibited conduct; violation as misdemeanor; penalty.
Section 490.234 Section Voidable transfer or lien; person knowingly implementing voidable transfer or lien; personal liability; prohibitions to voiding otherwise voidable transfer; "preference" defined.
Section 490.301 Section Domestic credit union; membership; organization; approval by commissioner; notice; disapproval; request to reconsider; hearing; appeal; retention by commissioner of original certificate of organization and bylaws; delivery; form.
Section 490.302 Section Organization of credit union by 2 or more credit unions.
Section 490.304 Section Principal place of business; notice of change in location; establishment and maintenance of branches; service centers; assumed names.
Section 490.331 Section Voluntary or involuntary dissolution.
Section 490.341 Section Organizational meeting; annual meeting; membership; committees; qualifications; notice of meeting; removal; vacancy.
Section 490.342 Section Credit union board; election of officers; general management; duties; delegation to general manager or chief executive officer of domestic credit union; compensation; removal of board member or committee member with delinquent loan; meetings; associate board members; quorum; action taken without meeting; consent; oath.
Section 490.345 Section Supervisory committee; duties; vacancies.
Section 490.352 Section Domestic credit union; membership; composition; field of membership; application; approval by commissioner; revision; extension.
Section 490.357 Section Suspension of services or termination or withdrawal of membership.
Section 490.371 Section Credit unions; merger.
Section 490.373 Section Conversion of domestic credit union into mutual savings bank or mutual savings association.
Section 490.374 Section Conversion of domestic credit union into bank, stock savings bank, or stock savings and loan association.
Section 490.382 Section Fiscal year; accounting principles.
Section 490.386 Section Establishment and maintenance of reserves.
Section 490.401 Section Domestic credit union; powers.
Section 490.402 Section Corporate credit union; additional powers.
Section 490.407 Section Credit union service organizations; organizing, investing, or loaning money; limitations; requirements; definitions.
Section 490.423 Section Loan conditions; repayment; rates, terms, or conditions to officials or family member; open-end credit arrangements; joint loans; guaranteed federal or state loan program; reduced rate loans and extensions; restriction; additional security.