Michigan Compiled Laws § 124.305 Ach Arrangement; Validity; Compliance.

124.305 ACH arrangement; validity; compliance.

Sec. 5.

(1) This act does not affect the validity of an ACH arrangement entered into by a local unit before the effective date of this act.

(2) All electronic transactions made on or after the effective date of this act shall comply with this act.

History: 2002, Act 738, Imd. Eff. Dec. 30, 2002

Section: Previous  124.301  124.302  124.303  124.304  124.305  

Last modified: October 10, 2016