2006 Michigan Compiled Laws - Act 307 of 1980


SAVINGS AND LOAN ACT OF 1980

Act 307 of 1980

AN ACT to revise and codify the laws relating to savings and loan associations; to provide for the incorporation, regulation, supervision, and internal administration of associations; to prescribe the rights, powers, and immunities of associations; to provide for voluntary and involuntary changes in the corporate structure of associations; to prescribe the powers, rights, and duties of certain state agencies in relation to associations; to require certain reports and examinations of associations; to prescribe remedies and penalties for violations of this act; and to repeal certain acts and parts of acts.


History: 1980, Act 307, Eff. Jan. 1, 1981
Compiler's Notes: For transfer of authority, powers, duties, functions, and responsibility of the financial institutions bureau and the commissioner of the financial institutions bureau to the commissioner of the office of financial and insurance services and the office of financial and insurance services by type III transfer, see E.R.O. No. 2000-2, compiled at § 445.2003 of the Michigan compiled laws.




The People of the State of Michigan enact:

DocumentDescription
307-1980-1ARTICLE 1 (491.102...491.160)
307-1980-2ARTICLE 2 (491.200...491.212)
307-1980-3ARTICLE 3 (491.300...491.326)
307-1980-4ARTICLE 4 (491.400...491.472)
307-1980-5ARTICLE 5 (491.500...491.532)
307-1980-6ARTICLE 6 (491.600...491.630)
307-1980-7ARTICLE 7 (491.700...491.736)
307-1980-8ARTICLE 8 (491.800... 491.830)
307-1980-9ARTICLE 9 (491.900...491.934)
307-1980-10ARTICLE 10 (491.1000...491.1012)
307-1980-11ARTICLE 11 (491.1100...491.1135)
307-1980-12ARTICLE 12 (491.1200...491.1202)

Disclaimer: These codes may not be the most recent version. Michigan may have more current or accurate information. We make no warranties or guarantees about the accuracy, completeness, or adequacy of the information contained on this site or the information linked to on the state site. Please check official sources.

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.