Act No. 194

Public Acts of 2005

Approved by the Governor

November 5, 2005

Filed with the Secretary of State

November 7, 2005

EFFECTIVE DATE: November 7, 2005

STATE OF MICHIGAN

93RD LEGISLATURE

REGULAR SESSION OF 2005

Introduced by Rep. Hune

ENROLLED HOUSE BILL No. 4999

AN ACT to amend 2003 PA 215, entitled "An act to provide for the organization, operation, regulation, and supervision of credit unions; to prescribe the powers and duties of credit unions; to prescribe the powers and duties of certain state agencies and officials; to prescribe penalties, civil sanctions, and remedies; and to repeal acts and parts of acts," by repealing section 307 (MCL 490.307).

The People of the State of Michigan enact:

Enacting section 1. Section 307 of the credit union act, 2003 PA 215, MCL 490.307, is repealed.

This act is ordered to take immediate effect.

Clerk of the House of Representatives

Secretary of the Senate

Approved

Governor