state_legiscan_drain · MI
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).
June 10, 2026
Summary
If enacted, this bill would modify requirements for notices that credit unions must provide to members regarding certain mergers, amending the Credit Union Act (MCL 490.371). It would specify new content, timing, or delivery methods for merger notices, affecting credit unions and their members.
AI-generated summary · Jun 14, 2026. Verify with your compliance counsel before acting.
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Source: https://legislature.mi.gov/Bills/Bill?ObjectName=2026-SB-1030
Common questions
- What does "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)." cover?
- If enacted, this bill would modify requirements for notices that credit unions must provide to members regarding certain mergers, amending the Credit…
- When was it published?
- It was published on June 10, 2026.