Michigan Compiled Laws § 490.403 Domestic Credit Union; Incidental Powers.


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


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Last modified: October 10, 2016