Act No. 195

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. Green

ENROLLED HOUSE BILL No. 5000

AN ACT to amend 1999 PA 276, entitled "An act to revise and codify the laws relating to banks, out-of-state banks, and foreign banks; to provide for their regulation and supervision; to prescribe the powers and duties of banks; to prescribe the powers and duties of certain state agencies and officials; to prescribe penalties; and to repeal acts and parts of acts," by repealing section 4406 (MCL 487.14406).

The People of the State of Michigan enact:

Enacting section 1. Section 4406 of the banking code of 1999, 1999 PA 276, MCL 487.14406, is repealed.

This act is ordered to take immediate effect.

Clerk of the House of Representatives

Secretary of the Senate

Approved

Governor