Financial institutions: credit unions; notices to credit union members of certain mergers; modify requirements for. Amends sec. 371 of 2003 PA 215 (MCL 490.371).
Key claim: SB1030 proposes to modify the notice requirements that credit unions must provide to their members when certain mergers occur under Michigan’s Credit Union Act.
Abstract
(SB1030 · 103rd Legislature) Financial institutions: credit unions; notices to credit union members of certain mergers; modify requirements for. Amends sec. 371 of 2003 PA 215 (MCL 490.371). Latest action (2026-06-10): Referred To Committee On Finance, Insurance, And Consumer Protection
Why this matters
SB1030 proposes to modify the notice requirements that credit unions must provide to their members when certain mergers occur under Michigan’s Credit Union Act.