Mich. Comp. Laws » Michigan Compiled Laws / Chapter 490 / Act 215 of 2003

Mich. Comp. Laws § 490.101

Short title.

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CREDIT UNION ACT


Act 215 of 2003


490.101 Short title.

Sec. 101.

    This act shall be known and may be cited as the "credit union act".

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

Notes of Decisions
Cited in 5 cases (1 in the last 5 years), 2010–2023 · leading case: James Perna v. Health One Credit Union
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James Perna v. Health One Credit Union (2020) ca6 “See Mich. Comp. Laws 490.101–.601. Michigan law places primary regulatory responsibility over these entities in the Director of the Department of Insurance and Financial Services (the “Director”).”
In re Flannery (2016) mieb “Specifically, Michigan First relies on the Michigan Credit Union Act, Mich. Comp. Laws 490.101 et. seq. That Act provides, in relevant part: Except as provided in this subsection or where prohibited by applicable state or federal law or otherwise agreed by contract, a domestic…”
One's Travel Ltd. v. Department of Treasury (2010) michctapp · cites it 2× “Both plaintiffs are also subsidiaries of Credit Union ONE, a state *52 chartered credit union created pursuant to Michigan’s Credit Union Act, MCL 490.101 et seq., that is exempt from taxation under the SBTA.”
James M Perna v. Health One Credit Union (2023) michctapp “On the same day, the Board repudiated plaintiff’s employment agreement and terminated his employment under the authority granted to it by the Michigan Credit Union Act (MCUA), MCL 490.101 et seq., and the Federal Credit Union Act (FCUA), 12 USC 1751, et seq.”
Ryman v. First Mortgage Corporation (2020) mdd “241(1), and conferred upon it “all the rights, powers and privileges granted to a conservator under the MCUA, MCL 490.101, et seq. . . . .” (ECF No. 26-4 at 4.”
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