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CREDIT UNION ACT (EXCERPT) Act 215 of 2003 Part 3
Section 490.241 Section Appointment of conservator; grounds; bond and security; qualifications; payment of administrative expenses.
Section 490.242 Section Possession of books, records, and assets; rights of parties; discharge of real estate mortgage.
Section 490.243 Section Withdrawal by members and depositors and payment to other creditors; availability of amounts; receipt of shares and deposits; actions; return of control to credit union board; notice.
Section 490.244 Section Authority of commissioner to borrow money; conditions; secured loans.
Section 490.245 Section Termination of conservatorship; determination by commissioner; resumption of business transactions by domestic credit union; appointment of receiver; liquidation.
Michigan Compiled Laws Complete Through PA 123 of 2019