There is a newer version of the Michigan Compiled Laws
2016 Michigan Compiled Laws
Chapter 129 - Public Funds
Act 266 of 1995 CREDIT CARD TRANSACTIONS (129.241 - 129.247)
AN ACT to authorize and regulate credit card transactions involving local units of government, including the use of credit cards by officers and employees of local units of government; and to provide for powers and duties of certain state and local agencies, officers, and employees.
History: 1995, Act 266, Eff. July 8, 1996
- Section 129.241 Definitions.
- Section 129.242 Credit card arrangement; use of credit cards.
- Section 129.243 Adoption of resolution; written policy; provisions.
- Section 129.244 Total combined authorized credit limit; limitation; payment of balance, annual fee, and interest.
- Section 129.245 Limiting or suspending authority to issue and use credit cards; issuance of order; hearing.
- Section 129.246 Validity of credit card arrangement before effective date of act.
- Section 129.247 Effective date.
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